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An important strand of research in macro-finance investigates which factors impede enterprise investment, and … equilibrium model with heterogeneous firms whose capital investment decisions are distorted by red tape. We find that the …
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We investigate the key macroeconomic and institutional determinants of fundraising and investment activities and … on fundraising and investment activity in either region. Investment activity is a significant driver of fundraising …. Institutional variables, however, affect fundraising and investment activity differently. While investment freedom has a significant …
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