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weakness in economic activity, particularly investment, has been the primary restraint on trade growth, accounting for over 80 …
Persistent link: https://www.econbiz.de/10011763603
We show that the response of firm-level investment to real exchange rate movements varies depending on the production … structure of the economy. Firms in advanced economies and in emerging Asia increase investment when the domestic currency … well as some advanced economies with a low degree of structural economic complexity, corporate investment increases when …
Persistent link: https://www.econbiz.de/10011852645
While Brazil's deep recession has been broad based, it has been marked by a particularly large fall in investment. Real … investment fell by around 30 percent between the beginning of 2014 and the beginning of 2017. This paper finds that a variety of … factors contributed to the investment decline, including a deterioration in Brazil's medium-term growth prospects, rising real …
Persistent link: https://www.econbiz.de/10011799578
that depreciations boost profits, investment, and sales of firms that are more financially-constrained and have higher … reducing real wages, thereby spurring investment. We show that these effects on firm performance are enduring, including in the …
Persistent link: https://www.econbiz.de/10011799685
U.S. business investment has taken a serious toll during the global financial crisis and also in the recovery phase …, and strong labor markets-factors established in supporting business investment. Applying accelerator models and Bayesian … Model Averaging, this paper discusses the extent to which U.S. business investment has been unusual. Results suggest that …
Persistent link: https://www.econbiz.de/10011866492
Total investment in Denmark has experienced a sharp slowdown following the global financial crisis. This slowdown has … summarizing the investment slowdown followed by an empirical analysis identifying its drivers. The results suggest that the … decline in output has contributed to investment slowdown, consistent with predictions of the accelerator model. However, other …
Persistent link: https://www.econbiz.de/10011878707
We use the Synthetic Control Method to study the effect of IMF advice on economic growth, inflation, and investment … do not find evidence for an impact on total investment and the resulting capital stock, PSI-treatment does seem to … stimulate foreign direct investment …
Persistent link: https://www.econbiz.de/10011704441
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