distribution. Entrepreneurs strongly affect firm growth patterns of both very young firms and for firms that have begun to mature …

This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment … and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to … the size of a firm’s capital stock. Extensive investment refers to the firm’s production location and reflects the trade …

distribution. Entrepreneurs strongly affect firm growth patterns of both very young firms and for firms that have begun to mature …

’s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm’s value due to profit sharing, linking this reduction to the …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …

random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …