In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … the second channel allows for heterogeneous effects of real estate prices on investment across firms.We test our …

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 … outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment … amount between a risky asset and a safe asset. Subjects were informed that the investment plans they made in the Decision …

investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor … the allocation of public investment and support is limited.The results presented herein show that ICT/non-ICT capital … investment are substitutes for labor and energy use. We also find a high output growth rate in the sampled sectors, and …