precautionary saving and investment to study the nonlinear relationship between investment and saving. We contend that income … volatility is an important variable for explaining saving and investment dynamics. Our results indicate that as permanent … volatility increases, both investment and saving increase until a threshold at which point investment plummets while …

significant effects on the cost of capital, investment, and economic growth. …

We propose a model to show how the fee structure of listed Real Estate Investment Trusts (REITs) can increase instead … Management Companies to make suboptimal financing and investment decisions in order to maximize their own wealth at the expense …

investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the … monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each … type is correlated with the recovery degree of the investment. …

model. We find that i) government spending increases output and induces a simultaneous decline of investment and the current … account, but does not affect consumption; ii) the responses of output and investment are smaller in more open economies, while … simultaneous decline in investment and the current account. …

responsive, investment is crowded out, the drop in savings drives the current account into deficit and government spending …

The evolution of firms' investment behavior is interpreted by heterodox theories as the resultant of the …

investment expenditure is crowded-out by public spending in the short-run. In this contribution, we address this empirical fact … accommodating the observed negative relationship between investment and government expenditure. Our numerical experiments point out … fiscal expansion crowds-out real consumption by a smaller amount and investment by a larger one, while the current account …