Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a …

financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …

institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i …

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 …

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 …

. Overall, these results imply that expansion to high-growth markets leads to a decline in screening and riskier investment by … nonlocal lenders, which may reflect a risk-return tradeoff in their portfolio strategy …

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 …