Showing 1 - 10 of 155
Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a …
Persistent link: https://www.econbiz.de/10014403500
financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …
Persistent link: https://www.econbiz.de/10014403509
Firms in developing countries that seek outside financing for investment must often choose their debt … by appropriate policy measures to improve information on profitable investment opportunities and about firms; to directly …
Persistent link: https://www.econbiz.de/10014395863
We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment … macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most … of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic …
Persistent link: https://www.econbiz.de/10014396586
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …
Persistent link: https://www.econbiz.de/10011978678
This paper discusses the risks of stagnation over the medium term in the euro area. It examines the consequences of longer-term growth trends that predate the crisis and the progress made in addressing the crisis legacies of high unemployment and debt. The paper illustrates in a downside...
Persistent link: https://www.econbiz.de/10011436794
This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate … evidence is found that reduced financial risk and higher foreign direct investment support growth. The exchange rate regime …
Persistent link: https://www.econbiz.de/10011373932
In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …
Persistent link: https://www.econbiz.de/10011978381
irreversible investment are more exposed to policy uncertainty. In sectors with large irreversible investment EPU has a greater … effect on growth, investment, and leverage. The results are robust to different definitions of investment irreversibility …
Persistent link: https://www.econbiz.de/10011978593