This paper draws a link between international capital flows and the real options approach to investment by extending a … model of real estate investment. It explains gradual investment, investment booms, and investment during recessions and … profitability, the more likely investment will be sequential; conversely, a relatively high initial rate of return will be …

There is increasing emphasis on the importance of efficient financial markets for sustained real investment and …''s investment decisions. The purpose of this paper is to model the impact of financial reforms on borrowing constraints faced by … firms and to test the impact of financial reforms on the investment decisions of firms in Turkey. To do so, the paper builds …

objectives, along with investment, regulatory, and technology policies. Fiscal instruments are cost-effective, can enhance …

-challenged world, and the importance of infrastructure investment geared toward such systems changes. The key policies to enable the … transition are: public spending on and investment frameworks for sustainable infrastructure, pricing carbon, regulations …