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 … market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …

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 …

dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …

in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …