mitigation policy. We extend such a model to include optimal policies for mitigation, adaptation and infrastructure investment … accomplishes the objective of keeping the CO2 levels within bound is characterized by a significant proportion of investment in … immediately, but during the initial period, they account for a smaller proportion of government's public investment …

This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which … this framework, the paper shows that productive investment may increase or decrease the bargaining power of the debtor …

presents a unified conceptual framework for identifying sources of mismeasurement of foreign investment income in current … account imbalances and that they are particularly relevant in countries with large external investment positions. We also …

This paper formally identifies an important role of banks: Banks competitively internalize production externalities and … facilitate economic growth. I formulate a canonical growth model with externalities as a game among consumers, firms, and banks …. Banks compete for deposits to seek monopoly profits, including externalities. Using loan contracts that specify price and …