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investment growth is behind the second period of the gradual slowdown, from 2001 to the early 2010s. This finding is inconsistent …
Persistent link: https://www.econbiz.de/10013250123
whether investment-cash flow sensitivity reflects financial constraints. Recent US studies have raised questions on the … prediction that investment-cash flow sensitivity is a measure of financial constraints. Looking at thirty-five countries with … varying degrees of financial development, this study tests whether investment-cash flow sensitivity is in fact related to …
Persistent link: https://www.econbiz.de/10012942605
process for investment-specific technology in the Real-Business-Cycle (RBC) model. Using a structural VAR approach, this paper … finds that a significant fraction of the real price of equipment is accounted for by other shocks besides investment … driving process of investment-specific technology might overstate the contribution of I-shocks to economic fluctuations …
Persistent link: https://www.econbiz.de/10012942694
Korean Abstract: 외환위기 이후 우리나라 기업의 설비 투자가 부진한 모습을 보이면서 기업을 둘러싼 경영환경의 불확실성 증대로 인해 이러한 현상이 초래되었다는 주장이 있다. 본 연구는 우리나라 기업이 직면하는...
Persistent link: https://www.econbiz.de/10012993262
monetary policy transmission mechanism to confirm whether the monetary policy affect corporate investment or not. Unbalanced …
Persistent link: https://www.econbiz.de/10012923319
English Abstract: According to the production smoothing hypothesis of inventory investment, firms hold inventories to … examine the determinants of inventory investment, we conducted a micro-dynamic analysis using the micro-level corporate panel … investment dynamics on the business cycle …
Persistent link: https://www.econbiz.de/10012925593
가져오는 양( )의 투자고유충격(investment- specific technology shocks; 이하 IST충격)이 근로자의 근로유형별 임금 및 고용의 격차(비율)에 어떤 영향을 미치는지 중점적으로 분석하였다 …English Abstract: This paper aims to assess the effect of investment-specific technology shocks(IST shocks) on the gap …
Persistent link: https://www.econbiz.de/10012913702
volume as weights. In addition, the variables, such as growth rate of investment, rate of inflation, and openness are …
Persistent link: https://www.econbiz.de/10012942591
Persistent link: https://www.econbiz.de/10012993260
Korean Abstract: 본 논문에서는 1990년대 중반 이후 우리나라 교역조건의 추세적 하락요인을 Baxter and Kouparitsas(2000)의 분해방법론을 이용하여 분석해 보았다. 주요 분석결과는 다음과 같다. 교역조건의 변화의 분해방법을 통해...
Persistent link: https://www.econbiz.de/10012994628