This paper evaluates the effect of shocks in government investment on private investment and national income, focusing … heterogeneous effect of public investment as regards to infrastructure. Hence, I divide government investment into infrastructure vs … evaluate the dynamic change in private investment and income. The study finds evidence of the crowding-out effect of government …

The consequences of government debt on capital formation, financial wealth and labor are investigated in a small open … debt and the financial crowding out morphology strictly depend on the type of demographic heterogeneity. While in the SS … economy debt crowds out capital, increases net foreign assets and contracts labor, in the OLG economy it generates the exact …

In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … incomplete risk diversification. Risk neutrality and imperfect intertemporal substitutability make investment decreasing in …

investment decisions via both adjustment costs and marginal profitability of capital. We test these hypotheses by using a large … infrastructure ; Firm's value ; Corporate investment …