dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …

in their optimal capital investment. The decline in the relative price of equipment capital makes the firm distribution …

have to compete for jobs. Our aim is to investigate how this competition affects the investment decisions of firms. Our …

techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment …

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 … investment part of the model is poor if hiring is left out completely or is introduced without the interaction between the two …