Showing 1 - 10 of 662
Persistent link: https://www.econbiz.de/10003976904
Persistent link: https://www.econbiz.de/10003245409
Persistent link: https://www.econbiz.de/10002851936
We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less … volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and …
Persistent link: https://www.econbiz.de/10013252334
We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less … volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and …
Persistent link: https://www.econbiz.de/10012467334
We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less … volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and …
Persistent link: https://www.econbiz.de/10014028049
Persistent link: https://www.econbiz.de/10011577984
Persistent link: https://www.econbiz.de/10011776554
output, investment, and net exports. We reexamine the importance of world real interest rate shocks using an approach that …'s observable endogenous variables. Then we use variance decompositions to examine the importance of each shock. We apply this …
Persistent link: https://www.econbiz.de/10012735713
This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer during periods of high business cycle volatility. Four main findings are reported. First, in theory, the cyclical behavior of remittances depends on the motives to remit. Second,...
Persistent link: https://www.econbiz.de/10011453670