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Characterisation of economic growth in developing economies with informal sector

Chattopadhyay, Subhasankar; Mondal, Rima - In: Economic papers : a journal of applied economics and policy 36 (2017) 1, pp. 86-101

Persistent link: https://www.econbiz.de/10011950124

Stranded assets, the social cost of carbon, and directed technical change : macroeconomic dynamics of optimal climate policy

Ploeg, Frederick van der; Rezai, Armon - 2016 - September 2014, revised February 2016

The tractable general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for stock-dependent fossil fuel extraction costs and partial exhaustion of fossil fuel reserves, a negative impact of global warming on growth, mean reversion in climate damages,...

Persistent link: https://www.econbiz.de/10011434598

Stranded assets, the social cost of carbon, and directed technical change : macroeconomic dynamics of optimal climate policy

Ploeg, Frederick van der; Rezai, Armon - 2016

Persistent link: https://www.econbiz.de/10011503330

Lumpy investment and corporate tax policy

Miao, Jianjun; Wang, Pengfei - In: Journal of money, credit and banking : JMCB 46 (2014) 6, pp. 1171-1203

Persistent link: https://www.econbiz.de/10010466620

Corporate leverage and the effects of monetary policy on investment : a reconciliation of micro and macro elasticities

Grob, Valentin; Züllig, Gabriel - 2024

We investigate how the level of corporate leverage affects firms' investment response to monetary policy shocks. Based … investment demand more strongly after a contractionary shock, the price of capital declines sharply, which incentivizes all firms … regardless of their leverage to invest relatively more, muting the aggregate decline of investment. We provide empirical evidence …

Persistent link: https://www.econbiz.de/10015062881