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

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 …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …

financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding-out. …

with frictions in the adjustment of both capital and labor. We posit that hiring of labor is akin to investment in capital ….S. corporate sector data to estimate firms’ optimal hiring and investment decisions and the consequences for firms’ value. We then … investment and physical capital. We find that a conventional specification – quadratic adjustment costs for capital and no hiring …

compared with the western region. Foreign direct investment (FDI) and information and communication technology (ICT) investment …