We study the time-varying effects of Tobin's q and cash flow on investment dynamics in the USA using a vector … variation over time of the response of investment to shocks in both variables. The time-varying sensitivity of investment to a … show that, although Tobin's q and cash flow are complementary sources of information for investment decisions, their …

This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …

LSDVC estimates, this study finds a significant labourfriendly impact of R&D expenditures. However, this positive employment …