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of the Combrain will be to identify,plan&derive implementation methods for Basic Needs;Domestic Investment …
Persistent link: https://www.econbiz.de/10005118844
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
microeconomic analysis. Depreciation is a main source of enterprise investment and serves as a source for replacement of obsolete or …
Persistent link: https://www.econbiz.de/10005413248
costs firms infrequently carry out discrete investment projects. Therefore, financial variables may influence investment in … two ways. Theoretically, they can alter the frequency at which investment projects are undertaken, or they can influence … finance on investment decisions is substantial. Consequently, finance primarily affects investment frequencies and accordingly …
Persistent link: https://www.econbiz.de/10005561248
The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …
Persistent link: https://www.econbiz.de/10005118676
We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers … returns policies serve both to dampen competition and resolve demand uncertainty. …
Persistent link: https://www.econbiz.de/10005134512
Technology transfer agreements between universities and industrial companies usually involve royalties, sublicensing considerations and allocation of equity. This article extends the analysis of my previous one ("The Economic Sense of Royalty Rates", ewp-fin/970903)to deal with sublicensing...
Persistent link: https://www.econbiz.de/10005076945
streams that are functions of Levy processes. As applications, we calculate the option values of multi-stage investment … factor increases slower than in the standard geometric Levy models, and demonstrate that then the investment threshold is …
Persistent link: https://www.econbiz.de/10005076973
As the valuation of strategic measures becomes increasingly important, relatively few articles have discussed the valuation methods pertained for joint ventures. This paper shows that real options contribute to a better valuation of joint venture projects through superior reflection of the value...
Persistent link: https://www.econbiz.de/10005077010
’ credit supply towards large multinational corporations. Instead, increased competition and the improvement of subsidiaries …
Persistent link: https://www.econbiz.de/10005125553