Showing 122,461 - 122,470 of 124,242
As the global economy grows, so does the demand for energy. Investment in clean energy projects is increasingly …
Persistent link: https://www.econbiz.de/10011240771
We show that creditors do not just ensure that inefficient investment is not undertaken, but also do not preclude … efficient investment. Examining what happens following a debt covenant violation, a situation through which creditors acquire … some control rights over the firm, we find that investment declines when the firm has few growth opportunities but it may …
Persistent link: https://www.econbiz.de/10011241837
Persistent link: https://www.econbiz.de/10011242028
Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most …, corporate leverage, and uncertainty. There is a considerable cross country heterogeneity in terms of both investment dymanics … and its determinants. Based on the findings of this paper, investment is expected to pick up as the recovery strengthens …
Persistent link: https://www.econbiz.de/10011242193
Why do asset price bubbles continue to appear in various markets? This paper provides an overview of recent literature on bubbles, with significant attention given to behavioral models and rational models with frictions. Unlike the standard rational models, the new literature is able to model...
Persistent link: https://www.econbiz.de/10011242201
lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …
Persistent link: https://www.econbiz.de/10011242206
covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … investment and income distribution is weak. …
Persistent link: https://www.econbiz.de/10011242245
Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10011242248
Rollover risk imposes market discipline on banks’ risk-taking behavior but it can be socially costly. I present a two-sided model in which a bank simultaneously lends to a firm and borrows from the short-term funding market. When the bank is capital constrained, uncertainty in asset...
Persistent link: https://www.econbiz.de/10011242305
We document that (i) although private investment growth in emerging markets has decelerated in recent years, it came … down from cyclical highs and remains close to pre-crisis trends; and (ii) investment-to-output ratios generally remain … close to or above historical averages. We show that investment is positively related to expect future profitability, cash …
Persistent link: https://www.econbiz.de/10011242322