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in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and … investment and, subsequently, lower employment and productivity growth. There is little evidence that unionization leads to …
Persistent link: https://www.econbiz.de/10010261606
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 …
Persistent link: https://www.econbiz.de/10010264680
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. …
Persistent link: https://www.econbiz.de/10010320783
What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration? These two questions are examined empirically in Egypt, Turkey and Morocco for households with family members living abroad. Results show, first, that one cannot clearly...
Persistent link: https://www.econbiz.de/10010325523
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in …
Persistent link: https://www.econbiz.de/10010268951
Experimental evidence stresses the importance of so-called social preferences for understanding economic behavior. Social preferences are defined over the entire allocation in a given economic environment, and not just over one's own consumption as is traditionally presumed. We study the...
Persistent link: https://www.econbiz.de/10010272618
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in …
Persistent link: https://www.econbiz.de/10010320210
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in …
Persistent link: https://www.econbiz.de/10010321454