The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …

the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in … the impact of OZs on commercial investment and economic activity. Using data on the universe of all significant commercial … investments in the United States, we find that OZ selection led to practically no increase in investment in OZs. These findings …

of the minimum wage on human capital investment rates and no overall effects on fixed capital investment rates. When …

We analyze how intermittent large expenditures on family ceremonies may affect an entrepreneur's investment decision in … to invest and the amount of investment. These results are robust to changes in specifications of the determinants of … investment, controlling for both enterprise- and family-related variables …

level, raises the amount of investment per worker in the economy compared to a one-tier bargaining scheme, in which earnings … investment per worker and the presence of a two-tier bargaining agreement that we find in a representative sample of Italian …

In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … the second channel allows for heterogeneous effects of real estate prices on investment across firms.We test our …

techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment …