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high priority needs in the life, and smaller needs can be subsequent, for progressive happiness. Money cannot bring …
Persistent link: https://www.econbiz.de/10005408439
of the Combrain will be to identify,plan&derive implementation methods for Basic Needs;Domestic Investment …
Persistent link: https://www.econbiz.de/10005118844
. Using this model, I demonstrate how a positive investment-saving correlation can arise in a world with endogenous fiscal … capital mobility. This implies that the observed investment- saving comovement is not necessarily due to imperfect capital … mobility. The model has a testable implication: it predicts a lack of Granger causality from private saving to private …
Persistent link: https://www.econbiz.de/10005119430
Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in …
Persistent link: https://www.econbiz.de/10005076670
This paper analyzes a model of investment with fixed investment costs and capital market imperfections. In this model … finance influences the level of capital firms hold, as well as the frequency at which they invest. In consequence investment …, when the short-run investment function is estimated, liquidity has a significant impact, which is also strongest for strong …
Persistent link: https://www.econbiz.de/10005076705
Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur … entrepreneur's unique investment opportunity, and it is shown in a standard model of irreversible investment that includes the … risks, and lowers the investment threshold. Compensating the lender for expected default losses reduces project …
Persistent link: https://www.econbiz.de/10005076954
sector this paper shows that investment incentives may vary depending on the applied auction scheme. The model is designed as … a two stage game, where the franchisee decides about investment on the first and competes with a potential market … entrant on the second stage. Investment tends to be higher in sealed bid auctions than in an English auction, since the …
Persistent link: https://www.econbiz.de/10005125890
incorporate this idea into investment theory and examine its influence on a firm's growth rate. Two assumptions are emphasized: an … agent cannot optimize more than one input at a time, and there is interaction among inputs. Each investment is lumpy, but …
Persistent link: https://www.econbiz.de/10005126280
Recently, many economists have credited the late-1990s economic boom in the United States for the easy money policies … positive effect on the chronically weak Japanese economy. Therefore, some theory of how money affects the economy when it is …) investment; (2) consumer spending; (3) the exchange rate; and (4) financial markets. The theories of such authors as Kalecki …
Persistent link: https://www.econbiz.de/10005126435
equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function …
Persistent link: https://www.econbiz.de/10005134973