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Between Keynes’s verbalized theory and its formal basis persists a lacuna. The conceptual groundwork is too small and not general. The quest for a comprehensive formal basis is guided by the question: what is the minimum set of foundational propositions for a consistent reconstruction of the...
Persistent link: https://www.econbiz.de/10009025252
From marginal relevance, the trade and business relations between Australia and Latin America have grown during the past two decades. A proximate reason is that they diversified to encompass a greater range of manufactures and services. Differences in the business environments of Australia and...
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precautionary saving and investment to study the nonlinear relationship between investment and saving. We contend that income … volatility is an important variable for explaining saving and investment dynamics. Our results indicate that as permanent … volatility increases, both investment and saving increase until a threshold at which point investment plummets while …
Persistent link: https://www.econbiz.de/10009132732
The crisis shows a lack of coordination among entrepreneurial plans. The current crisis was possible due to the existing institutional framework introduced perverse incentives. They refer not only to specific State measures that have externalized the real cost of certain business activities,...
Persistent link: https://www.econbiz.de/10009140926
significant effects on the cost of capital, investment, and economic growth. …
Persistent link: https://www.econbiz.de/10009141805
We propose a model to show how the fee structure of listed Real Estate Investment Trusts (REITs) can increase instead … Management Companies to make suboptimal financing and investment decisions in order to maximize their own wealth at the expense …
Persistent link: https://www.econbiz.de/10009142659
investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the … monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each … type is correlated with the recovery degree of the investment. …
Persistent link: https://www.econbiz.de/10008792716