The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …

In this paper, we present a simple model in which a unionized and non-unionized firm optimally make investment …

study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk …Attitudes toward risk underlie virtually every important economic decision an individual makes. In this experimental … outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment …

This paper provides new evidence for the evolution of regional unemployment rates in Spain over the 1980-2000 period … techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment …

A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers … the U.S. Census Bureau for approximately 25,000 manufacturing plants. We find three key results. First, investment is … associated with about a 6% reduction in investment. Second, uncertainty is also negatively related to employment growth and …

investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large …

distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …