Showing 1 - 10 of 313
-pronged approach to investigate the relationship between corporate leverage and fixed investment spending. The empirical analysis …
Persistent link: https://www.econbiz.de/10013250075
Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily … substitute depressed investment by their financially constrained competitors. The increase in investment, primarily driven by … equilibrium effects are unambiguously countercyclical because the increase in investment by unconstrained firms does not crowd out …
Persistent link: https://www.econbiz.de/10014348807
Fixed investment was the most important contributing factor to the boom-bust cycle in Cyprus over the last decade …. Investment boomed during a credit boom in mid-2000s, during which the corporate sector borrowed heavily. Investment collapsed … after 2008 when the credit boom ended. Investment and corporate balance sheets further deteriorated during the Cypriot …
Persistent link: https://www.econbiz.de/10012962140
The global economy is in the midst of an unprecedented slump caused by the COVID-19 pandemic. To assess the likely evolution of nonfinancial corporate performance going forward, this paper investigates empirically the impact of past pandemics using firm-level data on more than 537,000 companies...
Persistent link: https://www.econbiz.de/10013250085
term, but is associated with positive growth through increased investment and capital productivity in the medium term …
Persistent link: https://www.econbiz.de/10012961473
investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little … Ethiopia in recent years, as high public investment has coincided with high GDP growth, but it is probably too early to draw … investment drives tend eventually to be financed by borrowing and have been plagued by poor analytics at the time investment …
Persistent link: https://www.econbiz.de/10013047972
rigidities interact with shifts in demand and supply patterns, lowering investment and labor force participation. At the same …
Persistent link: https://www.econbiz.de/10013302780
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10013096278
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … estate investment in China ”though a low-probability event” would be sizable, with large spillovers to a number of China … and the rest of the G20 economies, we find that a 1-percent decline in China's real estate investment would shave about 0 …
Persistent link: https://www.econbiz.de/10013097279
We study the effects of permanent and temporary income shocks on precautionary saving and investment in a "store … investment, or a "volatility trap." Namely, big savers invest relatively little. In contrast, low volatility of permanent shocks … leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks. Empirical …
Persistent link: https://www.econbiz.de/10013102269