level, raises the amount of investment per worker in the economy compared to a one-tier bargaining scheme, in which earnings … investment per worker and the presence of a two-tier bargaining agreement that we find in a representative sample of Italian …

determinants of R&D investment at the level of the firm. While finding further support for the well-established technology-push and … demand-pull hypotheses, this study also tests the role of skill endowment in increasing a firm's R&D investment. Consistently …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it … increases the probability they will engage in R&D. -- banks ; financial development ; innovation ; R&D ; investment …

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

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 …

documented by Monte Carlo experiments. An empirical application to modelling of real GDP growth and investment-output ratios … dominant effects are found. The results also suggest that increase in investment as a share of GDP predict higher growth rate …

Previous papers tested the validity of the Family Investment Hypothesis (FIH) among immigrants by comparing the labor … credit constraints are binding, then only married immigrants can cross-finance their investment within the family. In order … to a rejection of the FIH in both countries. -- Family investment model ; labor supply …

This paper presents a two-period human capital investment model of married and single immigrants under binding … shown that the comparative advantage in investment that determines which spouse will invest more in local skills depends on … partial specialization in work and investment activities within immigrant households. However, the level invested by each …

human and nonhuman capital investment ; power law of learning …