of firm investment and its growth, and we also document the presence of two financial channels; the degree of firms … the private sector. We find that the more firms rely on external finance and the more they are subject to uncertainty, the … ownership data, we find that private investments are stimulated more for domestic firms. The presence of a private investment …

-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …

efficiency of spending is, therefore, crucial. This paper discusses how this can be achieved in four areas (public investment …

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 …