Showing 1 - 10 of 415
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made...
Persistent link: https://www.econbiz.de/10014395795
This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...
Persistent link: https://www.econbiz.de/10014400163
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …
Persistent link: https://www.econbiz.de/10014408616
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …
Persistent link: https://www.econbiz.de/10014396226
results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …
Persistent link: https://www.econbiz.de/10014396304
This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which … this framework, the paper shows that productive investment may increase or decrease the bargaining power of the debtor …
Persistent link: https://www.econbiz.de/10014396211
. While some countries need to raise consumption, several need to raise investment or reorient it from tradable to nontradable … sectors. These changes in investment could be facilitated by financial reforms that enhance domestically oriented firmsâ … uncertainty, and by improvements in infrastructure that raise the returns to private investment. …
Persistent link: https://www.econbiz.de/10008839325
financial health—and investment in Israel, using dynamic panel data techniques. The results suggest that weak balance sheets … may well have contributed to the investment decline of recent years. The impact of financial variables on investment is … corporate investment increases during real downturns or following an equity market bust. …
Persistent link: https://www.econbiz.de/10011245486
The Chinese authorities welcomed the spillover analysis, noting that their policies have important global spillover effects. The note also discusses China’s evolving role in global trade, impact of rebalancing on the supply chain, estimating China’s spillovers, elasticities...
Persistent link: https://www.econbiz.de/10011245636
to have relatively high effective tax rates on equity-financed investment. The analysis suggests that both countries …
Persistent link: https://www.econbiz.de/10014395865