consequence, increases in public investment are particularly necessary. Against this background this contribution discusses and … growth pact (SGP), Fiscal Compact (FC)). Such a rule would exempt public (net) investment suitably defined from the relevant … upgraded and receive larger room for manoeuvre and public investment as a particularly growth enhancing public expenditure …

The implementation of a golden rule of public investment as a necessary institutional reform and an important step …. The golden rule would exempt public (net) investment suitably defined from the relevant deficit targets of both the … be upgraded and would receive more room for manoeuvre and public investment as a particularly growth-enhancing public …

consequence, increases in public investment are particularly necessary. Against this background this contribution discusses and … growth pact (SGP), Fiscal Compact (FC)). Such a rule would exempt public (net) investment suitably defined from the relevant … upgraded and receive larger room for manoeuvre and public investment as a particularly growth enhancing public expenditure …

remain low and investment activity is weak. This questions current economic policies of the Economic and Monetary Union … investment volume of 315 billion Euro should be made available, enabled by 21 billion Euro of public money. The budget … expansive public investment conducted through these Synergetic Financial Instruments and thus gathers information to undertake …

investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of … expenditure by up to 1.28 percent, while investment declines by more than 4 percent. The results imply that more stringent fiscal … rules lead to a disproportionate reduction in public investment as compared to overall expenditure. …

This study explores the determinants of investment using both aggregated industry-level data and disaggretated data on … government has potentially powerful means at its disposal to stimulate private investment. In particular, a domestic demand … stimulus and public investment expansion will produce large gains in private investment. While the direct effects of lowering …

This paper studies how investment tax incentives stimulate output in an estimated medium-scale dynamic stochastic … general equilibrium model. We find that the horizon following a positive shock to investment tax incentives is crucial. The …

We investigate the firm level investment responses to narrative shocks to average personal and corporate tax rates …