incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by … regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …

incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by … regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …

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 …

the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the … product market, concerning in particular entry barriers, are negatively related to investment. The implications of our …

The role of regulatory barriers in inhibiting entrepreneurship, investment and employment creation is an old topic in … aggregate investment rates (roughly, factor demand) or GDP growth conditional on investment rates (roughly, factor productivity …, investment rates accelerate by about 0.6 percentage points in the subsequent year …