We study the contribution of loans, granted to different borrower groups, to economic activity in the USA over the … estimation of a large VAR through Bayesian techniques. Loans to households emerge as the most important driver of economic …

This paper uses fractional integration and cointegration methods to analyse the determinants of the amount of loans … gross investment as determinants of loans to NFCs. The forecasting accuracy of the FCVAR was also assessed by comparing it …

This paper studies international joint ventures, where foreign direct investment is performed by a foreign and a … Chinese firms chosen to be partners of foreign investors tend to be larger, more productive, and more likely subsidized than … ventures themselves, that benefit most from these externalities. Furthermore, the positive external joint venture effect is …