In this paper the authors present a New Keynesian quantitative model with endogenous investment and stock-market sector … stock) and of investment. The authors show results that are at variance with BernankeGertler. First, because among the …

area (EA), Japan (JP), China (CH), and the rest of the world (RW). The model includes investment in research and … decrease in interest rates. Second, in the medium- and long-term, the increase in US public investment favours global growth … investment, without inducing additional negative spillovers. Fourth, EA, JP, and CH, by simultaneously increasing public …

In this paper, it is argued that the observed high positive correlation between national savings and investment which …

The paper analyses adverse investment, growth and distributional effects of ultra-loose monetary policies based on the … substitute real investment by financial investment. When interest rates are expected to fall in the long term, the marginal and …

. We motivate our analysis with a simple model which predicts that: 1) investment and production in more concentrated … sectors are more affected by demand changes and 2) high uncertainty makes investment and production more sensitive to demand … using different structural vector autoregressive VAR approaches. The results are largely consistent with the proposed theory …

increase their investment and their debt financing relatively more than low-MRPK firms after monetary policy easing. We also … document that a firm’s MRPK is a much stronger driver of its investment sensitivity to monetary policy than its age, leverage …