The Euler equation model for investment with adjustment costs and variable capital utilization is estimated using … and investment adjustment cost parameters are very weakly identified. This is because investment appears to be …

Capital income tax policy affects investment by the parent and affiliates of multinational corporations (MNCs). In a … model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …

Capital income tax policy affects investment by the parent and affiliates of multinational corporations (MNCs). In a … model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …

Is the typical specification of the Euler equation for investment employed in DSGE models consistent with aggregate … the parameters in aggregate data because investment is unresponsive to changes in capital utilization and the real … interest rate. Bayesian estimation using fully-specified DSGE models is more accurate likely due to informative priors and …

This paper investigates the effect of awarding a second investment grant to the same firm. We implement a Regression … and their scores to firms' performance. Overall, our results show a positive and significant impact of an investment grant …