We study the response of corporate investment in Emerging Markets to unexpected fiscal shocks. We find that, although … firm-level investment decreases on impact following unexpected public expenditure adjustments (classical Keynesian … multiplier effect), it quickly rises above pre-shock levels. The rebound in investment is facilitated by fiscal space, flexible …

capital investment using Italian company data. The approach recognizes that firm-level investment spending may, itself, be … aggregated over multiple investment decisions in separate types of capital goods and emphasizes effects of uncertainty on short …-run investment dynamics. Using a survey-based measure of uncertainty related to the assessment of managers responsible for the firms …

increasing returns to scale; (2) the impact of increases in private investment on growth is large, significant, and robust; (3 …) increases in government investment have a positive impact on growth; (4) human capital development plays an important role in …

This paper examines the impact of financial liberalization on fixed investment in Mexico, using establishment …