The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …

tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …

well. By implication, policies that stimulate investment and R&D and policies that affect the size of the labor force may …

developing countries see insufficient investment in projects that would reallocate labor towards better jobs. The concept of JLEs … investment. This paper shows that the optimal way to allocate subsidies to offset JLEs is through a competitive bidding process …

We analyze how intermittent large expenditures on family ceremonies may affect an entrepreneur's investment decision in … to invest and the amount of investment. These results are robust to changes in specifications of the determinants of … investment, controlling for both enterprise- and family-related variables. …