This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI …

employment, investment and productivity, and a moderate loss in GDP. This temporary impact of a second moment shock is different …. The parameterized model is then used to simulate a macro uncertainty shock, which produces a rapid drop and rebound in … from the typically persistent impact of a first moment shock, highlighting the importance for policymakers of identifying …

This paper analyses a dynamic game of investment in R&D or advertising, where current investments change future market … conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of escalation in investment … investment in equilibrium. Furthermore, potential entry is introduced into the model so as to address the issues of market …

capital to labour with no efficiency effects, but is probably more likely to lead to lower investment rates and economic … senescence. Therefore the impact of unions on productivity, financial performance and investment is extremely important. This … to use theory to predict unambiguously any union effect on productivity because unions can both enhance and detract from …

even after controlling for investment, size, book-to-market and momentum as well as other known predictors of stock returns …-adjusted discount rates. The model implies that the investment rate and the hiring rate predicts stock returns because these variables …

, major weaknesses with respect to long-run investment in human capital, infrastructure and innovation remain. These are …

question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …