studies the impact of an urban land titling program on firm investment. It finds that the program leads to increased … investment rate for titling firms, and the positive effect holds only for politically connected firms. The effects are likely …

taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …

, profit, also investment indicators are studied. The paper consists into the establishment of a processing fruits to prolong … objectives of the investment are to purchase machineries and equipments for processing apples and plums; the purchase of land for … their location, building factory and deposit. The financial objectives refer to investment. The results show the relevance …

We study how adverse selection distorts equilibrium investment allocations in a Walrasian credit market with two …-sided heterogeneity. Representative investor and partial equilibrium economies are special cases where investment allocations are … trade and investment allocations below perfect information levels. The degree of heterogeneity between informed agents' type …

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …