In this paper, we study the effect of financial markets on the investment of a two-good two-country economy with … competitive (spot or financial) markets. We compare the investment-consumption decisions of both "market" models with the …-dependent preferences of consumers that lead to dynamically efficient investment decisions. We show that the investment decisions in both …

&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles … and growth is presented where the determinants of the cyclical behaviour of R&D investment are analytically studied …

&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles … and growth is presented where the determinants of the cyclical behaviour of R&D investment are analytically studied …

&D investment. As this is very controversial from an empirical perspective, a stochastic Poissonmodel of endogenous business cycles … and growth is presented where the determinants of the cyclical behaviour of R&D investment are analytically studied …