In this paper we analyse the impact of profits on investment using data of the Dutch manufacturing sector in a simple … Kaleckian investment model. Profits and capacity determine the level of investment. The empirical analysis with this "non …-mainstream" model confirms conclusions drawn in the context of financial accelerator models. The impact of profits on investment is …

This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we … investigate how different types of fiscal policy affect profits and, as a result, investment. We find a sizeable negative effect … of public spending - and in particular of its public wage component - on business investment. This result is consistent …

choice problem concerns the investment of an amount of money in a safe option and a risky option when there is a 'global risk …

of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main … influenced by the scale of the economy, measured by its population; and third, investment in transport and communication is …

We analyze the investment decision of a population of time inconsistent entrepreneurs who overweight current payoffs … (or an excessive level of investment in the economy) without assuming the existence of boundedly rational, 'intrinsically …

than a lump-sum subsidy, both cutting public employment and cutting public spending on market goods induce an investment … boom. Making the tax system less progressive by cutting tax credits and the labour income tax rate induces an investment … boom as well. The effects of endogenous growth, adjustment costs for investment and non-Walrasian labour markets on these …

This Paper shows how microeconomic data on investment plans can be used to study the structure of risk faced by firms …. Revisions of investment plans form a martingale, and thus reveal the underlying shocks driving investment. We decompose … revisions in investment plans into micro, sector and aggregate shocks, and exploit stock market data to distinguish between …

rate and an adjusted statutory tax rate, where the weights depend on the profitability of the investment. Estimates of the … distribution of this measure are presented and compared for domestic and international investment in the USA, France, Germany, and …