Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately … high rate of inflation, above which increasingly low investment finally causes capital to fall relative to labor, and the …

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 …

Output growth, investment and the real interest rate are all found empirically to be negatively affected by inflation … investment falls and a positive Tobin effect when the real interest rate rises. We define inflation's Tobin effect more … occurrence of all three negative inflation effects, on growth, investment and real interest rates, in a model calibrated to …

Previous studies argued that low investment-cash flow sensitivities of German firms may be caused by dominance of … panel data approach show that the dependence of investment spending on internal funds does not significantly differ between …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow. …

presents case studies from Saudi Arabia, Morocco, Tunisia, and Algeria. …

Algeria's intrastate war in the 1990s, during which militant Islamists and the state fought fiercely against each other … conditions directly linked to the resource sector with the general conflict-fueling conditions diagnosed in Algeria. It takes … but also enhances our understanding of the eruption of violence in Algeria. …

This paper explores the use of hydrocarbon revenues in post-conflict Algeria. While the bloody years of the 1990s now …-building efforts in Algeria and identify ways of improving these measures. The resources, which are mainly controlled by the central …-building will only lead to sustainable results when embedded in full-fledged reforms of Algeria's entire economic and political …