favorable loan package; that it is associated with over-investment even when investment does not create collateral; and that low …

Conventional measures of business investment consist primarily of tangible assets such as plant and equipment, vehicles …, office buildings and other commercial structures. Corrado, Hulten and Sichel (2005, 2009) show business investment in … intangibles (software, design, R&D, branding, organizational capital) exceeds tangible investment for the United States. This …

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 …

us to reject this view. In fact, a net capital inflow made possible to meet the demand for investment boosting economic …

fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to …

investment in productivity-enhancing long-term projects, and the more so in sectors that rely more on external financing or which …