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We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … euro-area countries (Germany, France, Italy and Spain). With particularly rich micro datasets for each country containing … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user …
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France wants to become carbon-neutral by 2050. Renewable energies and nuclear power are expected to make the main …-fired power plants would be installed, which would lead to an increase in France's carbon emissions. State-based investments in …
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stagnation. The reason is that automation suppresses wages, which are the only source of investment in the overlapping …
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The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
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and investment. When the share of output that accrues to the owners of natural resources rises, the demand for capital … efficient allocation of capital may enhance the quantity as well as the quality of new investment and sustain growth. Empirical … thereby inhibiting economic growth. The results also suggest that abundant natural resources may hurt saving and investment …
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