In the present paper we explicitly introduce interest payments and debt into a Kaleckian distribution and growth model … with an investment function very close to Kalecki's original writings. The effects of interest rate variations on the short … the equilibrium debt-capital-ratio are also analysed. It is shown, that the effects of interest variations on the …

We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …

phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a …A new world order is taking shape as a result of the relative decline of the United States (US) and other Western … driver of international resource transfers. Particular attention is paid to an empirical analysis of the profitability of the …