The hosting and bidding for the Olympic Games is a natural experiment to test for anticipation effects in … Games generates positive investment, consumption, and output responses already before the hosting of the Games. We also … detect significant anticipation effects in countries that bid for the Games. While bidding for the Games has a transitory …

We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that …

Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason … investment opportunities to a larger extent. (ii) Taxes which are neutral in a neoclassical world, still restrict expansion … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …

village planning. We use matching methods and a panel household and village data set with national coverage to compare changes …

or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses … on investment more likely. Extending the basic framework, the paper shows that separation of ownership and control …, endogenous entry and cumulative investments make positive effects of competition on investment more likely. Imperfect upstream …