Showing 1 - 6 of 6
This paper uses a multivariate filter and a production function to project potential growth inColombia, modeling in detail the impact of low oil prices on investment. The framework alsocaptures the impact of current and planned policies on potential growth, including the peaceagreement with the...
Persistent link: https://www.econbiz.de/10012942332
We document that (i) although private investment growth in emerging markets has decelerated in recent years, it came down from cyclical highs and remains close to pre-crisis trends; and (ii) investment-to-output ratios generally remain close to or above historical averages. We show that...
Persistent link: https://www.econbiz.de/10013023272
We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a unique firm-level data set from Middle-East and North Africa (MENA), empirical...
Persistent link: https://www.econbiz.de/10013060551
We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes in global interest rates and volatility. We test for the presence of (i) a financing channel originating from changes in the costs of external borrowing and (ii) a real options...
Persistent link: https://www.econbiz.de/10012998802
decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co …
Persistent link: https://www.econbiz.de/10012950422
The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment …) and its implications on economic growth in India for the period from 1966-67 to 2003-04. Estimating a general consumption …, consistently have a positive influence on private consumption. [WP no. 407]. …
Persistent link: https://www.econbiz.de/10005025321