: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities … to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for durati …

macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows … public finances. It also shows that adaptation investment has large returns in terms of private investment, employment …

We study the response of corporate investment in Emerging Markets to unexpected fiscal shocks. We find that, although … firm-level investment decreases on impact following unexpected public expenditure adjustments (classical Keynesian … multiplier effect), it quickly rises above pre-shock levels. The rebound in investment is facilitated by fiscal space, flexible …

cross-border investment. Spillovers from statutory tax rates abroad seem: As sizable as effects from the host's rate; larger … shifting through real investment (rather than 'paper' profit shifting). Contrary to much policy discussion, the results also … imply that: Host countries' marginal effective tax rates have at best a weak effect on real investment; those elsewhere have …