investment is more liquid, i.e., its return is more pledgeable, and the other is more productive. Low liquidities of both … investment types imply that the allocation of credit is constrained inefficient and that there is overinvestment in the liquid … yet too high interest rate, too much investment and too little consumption. Financial development can reduce long …

and self-insurance- and structural protection -investment in adaptation. Using a dynamic general equilibrium model … estimated trade-off is very sensitive to the efficiency of public investment …

shareholders are located would increase subsidiaries investment by 1% of their tangible fixed asset value, which accounts for 71 …% (7%) of the median (average) investment rate among these firms. We argue that equity exchanges is one channel through …

size and cross-border investment activity, the region's markets are reputed to be more “idiosyncratic” and less reliant on …

financial market spillovers over the period 2001-12 through four channels: bilateral portfolio investment, bilateral trade, home … portfolio investment assets, they should strengthen prudential regulations to mitigate against rising risks of financial …