Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …

fixed investment that became excessive and proved to be unsustainable, while the productivity acceleration helps to account … productivity growth linked to the delayed effects of previously invented 'general purpose technologies' stimulated an increase in …-01 collapse of investment and the stock market proves that good public policy matters, going beyond the narrowly defined …

correlation between hours worked and labour productivity. In this Paper, I show that this conjecture is not necessarily correct …. In the basic RBC model, I find that hours worked fall and labour productivity rises after a positive permanent technology … positive permanent technology shock along with a rise in labour productivity that are in line with what the data suggests. …

favorable loan package; that it is associated with over-investment even when investment does not create collateral; and that low …

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

Consumption and Investment are significantly and negatively affected by all terror indicators, and the largest impact is …

model. We find that i) government spending increases output and induces a simultaneous decline of investment and the current … account, but does not affect consumption; ii) the responses of output and investment are smaller in more open economies, while … simultaneous decline in investment and the current account. …