financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding …

continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved … our key results to alternative data sets. -- China ; investment ; growth ; productivity ; capital market distortions …China has achieved impressive growth over the last three decades. However, there has been debate over the sources of …

Since the 1980s, China's government has eased restrictions on internal migration. This easing, along with rapid growth … China, especially during the 1990s. However, other important economic and socio-political determinants of interprovincial … gravity model of interprovincial migration in China that includes as explanatory variables: migrant networks in the …

Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China. -- wage growth ; wage premium ; capital accumulation ; trade … expansion ; technological change ; China …

of the minimum wage on human capital investment rates and no overall effects on fixed capital investment rates. When …

remain - and the Covid-19 shock may have exacerbated them. This report analyses European firms' investment in training over … the last six years examining trends, factors supporting training investment as well as the impact of the Covid-19 shock …. We base the empirical analysis on a unique dataset, the European Investment Bank's Investment Survey (EIBIS), which …

the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in … the impact of OZs on commercial investment and economic activity. Using data on the universe of all significant commercial … investments in the United States, we find that OZ selection led to practically no increase in investment in OZs. These findings …

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 …