This paper focuses on qualitative aspects of financing, investment and output decisions offirms. Such dimensions can be modeled econometrically by means of dynamic limited dependent variables models. We develop a partial equilibrium dynamic stochastic programmingproblem of investment, dividend...

In 2000 commentators everywhere were hailing the boom in some western economies as the dawn of a new economy. In 2001, with a slowdown biting in the US economy, dot.coms folding and information and communications technology firms feeling the pinch globally, the headline writers have swung the...

At OECD Forum 2001, some 1,500 representatives of civil society, government, business and labour came together to discuss the critical policy challenges of sustainable development and the new economy. Svend Auken, Danish Minister for the Environment and Energy, captured the spirit of the Forum...