Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in …

This paper analyzes a model of investment with fixed investment costs and capital market imperfections. In this model … finance influences the level of capital firms hold, as well as the frequency at which they invest. In consequence investment …, when the short-run investment function is estimated, liquidity has a significant impact, which is also strongest for strong …

This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …

economic variable and has turned on the microeconomic and macroeconomic consequences of investment irreversibilities. Thus the … other interesting findings, at the microeconomic level it turns out that the de-mand for replacement investment is not … cannot obtain consistent aggregates of capital stock and replacement investment. …

SAVING DOES NOT EQUAL INVESTMENT John Maynard Keynes confused economists and politicians all over the world when he … wrote, “Saving is necessary to equal investment” together with a few equations to confirm his idea and finally concluding … that S = I. There have been repeated discussions about how saving can equal investment, accidentally or with certainty. We …

incorporate this idea into investment theory and examine its influence on a firm's growth rate. Two assumptions are emphasized: an … agent cannot optimize more than one input at a time, and there is interaction among inputs. Each investment is lumpy, but …

) investment; (2) consumer spending; (3) the exchange rate; and (4) financial markets. The theories of such authors as Kalecki …

procedures, to varying degrees, ignore that (i) gross fixed capital formation does not equal investment, (ii) investment does not … equal the value of fixed assets newly created through investment, (iii) depreciation is an accounting measure that bears no …

trends in output, consumption and investment) to provide new evidence on this question(using subsaharan africa as a case …

Social learning models of investment provide an interesting alternative explanation for sudden changes in investment … the investment suspension decisions of other agents. In this paper, I test the main predictions of their model using a … unique database of investment projects undertaken by semiconductor plants. I find that firms that are installing a …