Showing 1 - 10 of 240
einheitlichen EU-Finanzmarkt zwangsweise imZeitablauf modifiziert und angepasst werden. …
Persistent link: https://www.econbiz.de/10005866117
-labour uptake and by considering the capital-labour ratio to overcome the problems that haveplagued investment literature -regarding … the investment-cash flow sensitivity of constrained andunconstrained firms- that have focused only on investment ignoring …
Persistent link: https://www.econbiz.de/10005868616
Using a ¯rm-level panel data set I assess whether dynamic models of in-vestment provide an empirically fruitful … not been considered in previous studies on investment even though most(if not all) panel data sets on ¯rms are incomplete …
Persistent link: https://www.econbiz.de/10009129478
composition of equipment investment. We make threecontributions. First, we document strikingly large differences in investment …
Persistent link: https://www.econbiz.de/10009305082
This study explores individual and country-level environmental drivers of informal “seed” investment. We examine four …,960 informal investors, we report drivers for the four types of seed investment. Descriptive statistics are consistent with prior …
Persistent link: https://www.econbiz.de/10005864583
The interpretation of the correlation between cash flow and investment is highly controversial. Some argue that it is … caused by financial constraints, others by the correlation between cash flow and investment opportunities that are not …
Persistent link: https://www.econbiz.de/10005868806
By assuming Cobb-Douglas production technology, many well-known imperfectlycompetitive macroeconomic models of the labour market (e.g. Layard, Nickell andJackman, 1991) imply that equilibrium unemployment is independent of the capitalstock. This paper introduces a new notion of capacity into the...
Persistent link: https://www.econbiz.de/10005870233
The paper presents a monetary policy model with an endogenous capital stock when a backwardlooking element in wage setting causes inflation persistence. We analyse how the endogeneityof the capital stock changes the macroeconomic dynamics with which policy interacts and itsimplications for...
Persistent link: https://www.econbiz.de/10005870253
will transmit into a decline of investment. This paper shows that the microeconomic foundation of this 'balance …
Persistent link: https://www.econbiz.de/10005841022
its plant-level investment and exit decisions. …
Persistent link: https://www.econbiz.de/10005850501