-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …

-pronged approach to investigate the relationship between corporate leverage and fixed investment spending. The empirical analysis …

This paper studies private investment in India against the backdrop of a significant investment decline over the past … decade. We analyze the potential causes of weaker investment at the firm level, using both firm-level financial statements … and a novel dataset on firms' investment project decisions, and find that financial frictions have played a role in the …

This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp … investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and … economic policy uncertainty. Our results suggest that while explaining aggregate investment activity better than nominal …

macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows … public finances. It also shows that adaptation investment has large returns in terms of private investment, employment …

particular focus on the role played by financial frictions and investment dynamics. The paper provides two main contributions …. First, we empirically document that lower investment during financial crises is the key factor leading to permanent loss of …