Showing 1 - 10 of 754
, we document that much of the variation in volume arose from the rise and fall in short-term investment …
Persistent link: https://www.econbiz.de/10012455232
General purpose technologies (GPTs) such as AI enable and require significant complementary investments, including co-invention of new processes, products, business models and human capital. These complementary investments are often intangible and poorly measured in the national accounts, even...
Persistent link: https://www.econbiz.de/10012480800
investment has a strong association with growth: over l9&)?l95 each percent of GDP invested in equipment is associated with an … any of the other components of investment. A variety of considerations suggest that this association is causal, that … higher equipment investment drives faster growth, and that the social return to equipment investment in well functioning …
Persistent link: https://www.econbiz.de/10012475518
the model, firms are heterogeneous in productivity and make investment and financing decisions subject to capital … are unexpected and permanent, dividend payments, equity issuance, and aggregate investment rise immediately. By contrast …, when these tax cuts are unexpected and temporary, aggregate investment falls in the short run. This fall allows firms to …
Persistent link: https://www.econbiz.de/10012462501
the Nordhaus framework as a key input into optimal patent policy design: namely, what is the elasticity of R&D investment …
Persistent link: https://www.econbiz.de/10012456783
University in Italy, this paper shows that an increase of 1,000 euro in the continuation tuition reduces the probability of late …
Persistent link: https://www.econbiz.de/10012465793
We study the effects of monetary-policy-induced changes in Tobin's q on corporate investment and capital structure. We … evidence, and quantify the relevance for monetary transmission to aggregate investment …
Persistent link: https://www.econbiz.de/10013210051
, scope, and investment decisions, and we outline their connection to recent macroeconomic and financial trends in the US …
Persistent link: https://www.econbiz.de/10013362030
decision on a company's investment and financial policy. We compare both the ex ante and the ex post characteristics of IPOs … finance subsequent investment and growth, but to reduce leverage, (iv) going public reduces the cost of bank credit; (v) it is …
Persistent link: https://www.econbiz.de/10012473502
Over the past century the long-run growth of six economies shows a strong association between investment in machinery …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …
Persistent link: https://www.econbiz.de/10012475084