firms to cut investment, employment, and borrowing. We conclude that financial market fluctuations affect even private firms …

standing, affects college investment. Using data from the Survey of Consumer Finances, we study a sample of young high school … intensive margin of college investment, but is less important for the extensive margin. Our results suggest that bad credit … status, which lowers the availability of unsecured credit to finance college and thereby makes college investment more …

as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …

positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

investment in skill-intensive technologies. A public education system funded by graduate taxes can restore efficiency. More …

The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into … investment which allows us to observe regime separation, an aspect of the data that is typically absent from previous empirical … concentrating investment in a single year. Moreover, there is evidence that investment is more sensitive to fundamentals in the high …