productivity effects barely offset higher union compensation, and that unions are negatively related to investment in capital and R …

implications for the analysis of investment demand and its responsiveness to tax policy. We estimate the structural parameters of a … model in which domestic and foreign investment interact in two important ways. First, the MNC's production technology allows … investment in one locaton may be affected by investment in other locations. We estimate the model using firm-level panel data …

emerging markets. The paper measures the risk of short-term exposure by estimating, at the firm level, the effect on investment … not find that this reduction in net worth translates into a drop in investment. …

Existing empirical studies have focused on determinants of investment. We focus instead on episodes of accelerated … analysis to explore their characteristics. Turning points in investment tend to be preceded by undervalued real exchange rates … capital index. Investment surges appear to be associated with accelerated structural change in the economy. …

investment rate on the domestic saving rate, the estimated coefficient is significantly larger than what would be expected in a … world characterized by high capital mobility) should have never been labeled as such. First, we show that the investment and … capital account to their regression, one gets the accounting identity that relates the capital account, domestic investment …