Showing 1 - 10 of 2,173
This study examines the monetary policy effectiveness of five major Asian countries (China, Hong Kong, India, Japan …
Persistent link: https://www.econbiz.de/10012549189
This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South … asymmetric effect on macro variables of China, Hong Kong, and South Korea during the quantitative easing period (QE) and the …
Persistent link: https://www.econbiz.de/10012226632
of the minimum wage on human capital investment rates and no overall effects on fixed capital investment rates. When …
Persistent link: https://www.econbiz.de/10011580664
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 …
Persistent link: https://www.econbiz.de/10013260142
We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3,500 local newspapers, we construct three monthly indexes for each state: one that captures state and local sources of policy uncertainty (ΕPU-S), one that captures national and international...
Persistent link: https://www.econbiz.de/10013170258
We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR perspective used for the first time in this context. Focusing on Emerging Market Economies (EME), our noteworthy findings postulate that (a) both home and foreign EPU shocks...
Persistent link: https://www.econbiz.de/10012239005
reduces owners' capital investment - we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
Persistent link: https://www.econbiz.de/10012138978
This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …
Persistent link: https://www.econbiz.de/10014249936
, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …
Persistent link: https://www.econbiz.de/10003539352
In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … identification of the second channel allows for heterogeneous effects of real estate prices on investment across firms. We test our …
Persistent link: https://www.econbiz.de/10011951732