Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …

affects investment and firm finance in the United States and the United Kingdom. Younger firms paying no dividends exhibit the … or liquidity – and drive the response of aggregate investment. Older companies, in contrast, hardly react at all. After a … amplifying the effects of monetary policy on investment …

que, tras un shock expansivo de política monetaria, las empresas con una alta MRPK son las que incrementan relativamente … covering the period 1999-2019, we show that an expansionary monetary policy shock leads to a decrease in capital misallocation … mechanism behind this finding, we first explore the intensive margin and show that high-MRPK firms increase their investment and …

the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …

implications of adopting a minimum investment retention levy by the smaller states is examined. Namibia is found to exhibit the …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …