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models and the models’ conclusions about the impact of inflation on investment. We find that the models differ widely with … predictions about inflation’s impact on capital accumulation, with some models offering conclusions that are not only …
Persistent link: https://www.econbiz.de/10008587479
The low interest rate environment is less due to monetary policy and more due to global trends in investment and … savings as well as a crisis-induced reduction in investment. Finishing the balance sheet recession can lead to a higher … interest rate level in the medium-run through higher investment. A higher natural real interest rate would enable central banks …
Persistent link: https://www.econbiz.de/10011739549
The low interest rate environment is less due to monetary policy and more due to global trends in investment and … savings as well as a crisis-induced reduction in investment. Finishing the balance sheet recession can lead to a higher … interest rate level in the medium-run through higher investment. A higher natural real interest rate would enable central banks …
Persistent link: https://www.econbiz.de/10011603920
time). Yet, even during periods of low inflation or deflation, nominal financial statements violate this assumption. I … posit that, while the effects of inflation are not recognized in nominal statements, such effects may have economic … consequences. I find that unrecognized inflation gains and losses help predict future cash flows as these gains and losses turn …
Persistent link: https://www.econbiz.de/10011114513
All participants in capital markets are asking how to finance investments or to invest money available. The answer to these questions depends on the situation you have: deficit or surplus capital. This article addresses issues concerning the place and role of capital market within the financial...
Persistent link: https://www.econbiz.de/10011992017
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
. Since inflation in our model is driven by distribution conflict, the "normal rate" of utilisation is associated with … consistent claims of firms and employees. Taking into account real debt effects of changes in inflation and distribution effects … Inflation in unserem Modell durch Verteilungskonflikte verursacht wird, ist der normale Auslastungsgrad durch miteinander …
Persistent link: https://www.econbiz.de/10003744529
payment mechanisms can robustly explain major facets of the long run inflation experience. A negative inflation …. Undisclosed previously, this link helps fill out the intuition of how the inflation experience can be plausibly explained in a …
Persistent link: https://www.econbiz.de/10011516873
payment mechanisms can robustly explain major facets of the long run inflation experience. A negative inflation …. Undis-closed previously, this link helps fill out the intuition of how the inflation experience can be plausibly explained …
Persistent link: https://www.econbiz.de/10011560555
effect on a better explanation of the long-run relationship between growth, inflation and other monetary phenomena. The first …
Persistent link: https://www.econbiz.de/10010940914