multiequational model, in which we estimate a consumption function, an investment function and an unemployment rate equation, using a …In this paper we analyse the consequences of changes in the consumption patterns on unemployment through an … intermediate channel via investment. Specifically, after presenting our theoretical framework, we build a dynamic econometric …

structural and cohesion funds, removed the trading barriers, increases foreign investments, reduced unemployment, increased labor …

between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …

investments, reduced unemployment and increased labor migration. In the paper the system dynamics model, which describes …

A large body of empirical work has established the signi¯cance of cash flow in explain- ing investment dynamics. This … time-to-build for capital projects creates an investment cash flow sensitivity as found in empiri- cal studies that may not … be indicative of capital market frictions. The result is due to mis-specification present in empirical investment …

We use disaggregated data on the components of private fixed investment (PFI) to estimate industry-level responses of … real investment and capital prices to unanticipated monetary policy. The response functions derive from a restricted large … and quantities. For assets belonging to the equipment category of fixed investment, we find that quantities rather than …