Narrow search
Showing 1 - 10 of 112
Cover Image
Policy Uncertainty and Long-Run Investment and Output across Countries
Jeong, Byeongju - EconWPA - 2001
in capital price and levels of aggregate investment and output. I present a model economy where the industry-level policy …-related investment cost is uncertain. Holding the average one-period investment cost constant, policy uncertainty leads to a higher … capital price and subsequently to lower levels of long-run aggregate investment and output. Policy uncertainty also makes …
Persistent link: https://www.econbiz.de/10005407527
Cover Image
Gains and losses: the same or different choices? A “non-ideal” economics approach.
Harin, Alexander - EconWPA - 2005
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942
Cover Image
Arrangement Infringement Possibility Approach: Some Economic Features of Large-Scale Events
Harin, Alexander - EconWPA - 2004
investment problems have been formulated. …
Persistent link: https://www.econbiz.de/10005124993
Cover Image
Scientific Revolution. A Farewell to EconWPA.
Harin, Alexander - EconWPA - 2005
A revolution in economics. Is it possible? Is its concept a transition from ideal to real economics? The way to the transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy...
Persistent link: https://www.econbiz.de/10005126070
Cover Image
Recognizing Investment Opportunities at the Onset of Recoveries
Fioretti, Guido - EconWPA - 2002
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
Cover Image
Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections
Bayer, Christian - EconWPA - 2004
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
Cover Image
The Non-Neutrality of Debt in Investment Timing: A New NPV Rule
Sabarwal, Tarun - EconWPA - 2004
profitability to the entrepreneur, and increases the investment threshold. The net effect is negative, because lower downside risk …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 …
Persistent link: https://www.econbiz.de/10005076954
Cover Image
How Do Economic Freedom and Investment Affect Economic Growth?
CHHENG, KIMLONG - EconWPA - 2005
This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …
Persistent link: https://www.econbiz.de/10005125031
Cover Image
Infrastructure and Growth in South Africa: Benchmarking, Productivity and Investment Needs, paper presented at Economic Society of South Africa (ESSA) Conference, Durban, 9/7-9/200...
Bogetic, Zeljko; Fedderke, Johannes - EconWPA - 2005
- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …
Persistent link: https://www.econbiz.de/10005125863
Cover Image
Franchise Bidding in the Water Industry – Auction Schemes and Investment Incentives
Meister, Urs - EconWPA - 2004
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