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Persistent link: https://www.econbiz.de/10015080122
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building capacity in macroeconomic analysis and forecasting in the Ministry of Planning and Investment (MPI). The MPI is …
Persistent link: https://www.econbiz.de/10015059039
cross-border investment. Spillovers from statutory tax rates abroad seem: As sizable as effects from the host's rate; larger … shifting through real investment (rather than 'paper' profit shifting). Contrary to much policy discussion, the results also … imply that: Host countries' marginal effective tax rates have at best a weak effect on real investment; those elsewhere have …
Persistent link: https://www.econbiz.de/10015059218
This Selected Issues paper focuses on decomposing the public-private sector wage differential in Lesotho. Lesotho's public wage bill is significantly higher than in other countries in the region. This paper takes a closer look at the civil service wage bill and examines public sector wage...
Persistent link: https://www.econbiz.de/10015059219
The paper addresses the issue of weak business investment in the United Kingdom (UK) by analyzing aggregate investment … trends in the UK and other G7 peers, and investment drivers for UK firms. Data show that business investment has been …
Persistent link: https://www.econbiz.de/10015059243
decline of 6.5 percent in investment among publicly traded oil and gas companies between 2015 and 2019, with European …. Results support the Neoclassical investment model, which predicts a pre-emptive cut in investment in reaction to downward … shifts in prospective demand, in contrast with the "green paradox" that predicts an increase in current investment to shift …
Persistent link: https://www.econbiz.de/10015059279
We build a new dataset of listed and private nonfinancial zombie firms for a large set of Advanced Economies and Emerging Markets over the last two decades. We find that the share of these unproductive and unviable firms has been rising worldwide, especially since the GFC and the Covid-19...
Persistent link: https://www.econbiz.de/10015059333
macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows … public finances. It also shows that adaptation investment has large returns in terms of private investment, employment …
Persistent link: https://www.econbiz.de/10015059361
Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily … substitute depressed investment by their financially constrained competitors. The increase in investment, primarily driven by … equilibrium effects are unambiguously countercyclical because the increase in investment by unconstrained firms does not crowd out …
Persistent link: https://www.econbiz.de/10015059412