model. We find that i) government spending increases output and induces a simultaneous decline of investment and the current … account, but does not affect consumption; ii) the responses of output and investment are smaller in more open economies, while … simultaneous decline in investment and the current account. …

This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we … investigate how different types of fiscal policy affect profits and, as a result, investment. We find a sizeable negative effect … of public spending - and in particular of its public wage component - on business investment. This result is consistent …

of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main … influenced by the scale of the economy, measured by its population; and third, investment in transport and communication is …

the provision of long-term finance. This approach suggests that the separation between the analysis of investment and that …

incentives for investment in rolling stock, following the privatization of British Rail. Theoretical predictions are tested … incentives for delayed investment. Investing just before the end of the franchise enhances the incumbent’s probability of having …

investment in Germany, and, if so, is this a consequence of bank representation on companies' supervisory boards (which, it is …

We analyse investment behaviour of the population of medium and large industrial firms located in the Czech Republic in … 1992–5. We examine the relevance of alternative models of investment and test if investment behaviour varies across … control for the significant seasonal variation in investment. The data indicate that foreign-owned companies invest the most …

We analyze the investment decision of a population of time inconsistent entrepreneurs who overweight current payoffs … (or an excessive level of investment in the economy) without assuming the existence of boundedly rational, 'intrinsically …