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formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
Migrants’ remittances are an important financial flow to their country of origin. Remittances sent by migrants reduce the level and severity of poverty in developing countries. Householders use this money received from migrants for their private consumption and their investments. This paper...
Persistent link: https://www.econbiz.de/10011725121
borrowed resources more for their survival than for undertaking new investment. …
Persistent link: https://www.econbiz.de/10012817868
factors (mainly, cash flows and other controlling variables) on corporate investment. By employing system-GMM estimation for … borrowing activities but also results in more corporate investment activities over the period from 2006 to 2016. Noticeably, the … internal cash flow is also significant factor, which enhances the activities of corporate investment. Finally, there are …
Persistent link: https://www.econbiz.de/10012611152
Keynes's theory of investment and the economic cycle is set out. Against this theory it is argued that the current … Keynes. The loss of the central role for investment and the pre-occupation with inflation in post-Keynesian economics is …
Persistent link: https://www.econbiz.de/10014363060
The interest rate is generally considered as an important driver of macroeconomic investment characterised by a … innovation we derive the exact shape of the "hysteretic" impact of rate changes on macroeconomic investment under different sorts … to stimulate investment in times of low or even zero interest rates and uncertainty. …
Persistent link: https://www.econbiz.de/10014523877