Showing 1 - 10 of 77
This study analyzes the determinants of price-cost margins (PCMs) for OECD countries between 1970-2003. The main objective is to quantify the pro-competitive effect of international trade and understand why, despite trade liberalization, PCMs have not fallen overall. An increase of one...
Persistent link: https://www.econbiz.de/10010750740
In this work, we try to analyze the recent credit development in 11 Central and Eastern European countries and estimate the credit-to-GDP ratio equilibrium level using filtering methods and dynamic panel estimations. Our estimation findings corroborate previous fears about the rapid credit...
Persistent link: https://www.econbiz.de/10008792476
drop in investment and in the current account, in line with empirical evidence, only if the traded sector is more capital …
Persistent link: https://www.econbiz.de/10008855579
contractual relationships that link exports from Sub-Saharan Africa to China and investment by Chinese firms in Sub-Saharan Africa … combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …, especially in oil-exporting countries. Chinese investment, however, increasingly involves other sectors, such as the …
Persistent link: https://www.econbiz.de/10009353553
run contemporaneous elasticities of investment with respect to interest rate through the user cost and through debt …
Persistent link: https://www.econbiz.de/10010738572
adjustment costs on investment. …
Persistent link: https://www.econbiz.de/10010750394
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a …, refers to the principle of "growth of the fitter" to explain investment-cash flow sensitivities as the workings of a healthy …
Persistent link: https://www.econbiz.de/10010750396
This paper presents a comparable set of results on the monetary transmission channels on firm investment (the interest … those countries,investment relationships are estimated explaining investment by its user cost, sales and cash flow.A first … result is that investment is sensitive to user cost changes in all those four countries. Thisimplies an operative interest …
Persistent link: https://www.econbiz.de/10010750630
In this paper we present comparable results on the determinants of firms' investment and their link to monetary policy …
Persistent link: https://www.econbiz.de/10010750645
This paper provides the explicit expression of investment facing a binding debt ceiling and the explicit expression of … of the parameterizations of these Lagrange multipliers used in Euler investment equations tests during the 1990's. …
Persistent link: https://www.econbiz.de/10010750720