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dynamically enhance productivity in agriculture. It also finds that the impact of the price shock on investment behavior differs …
Persistent link: https://www.econbiz.de/10012554497
While agreeing on the choice of an optimal investment decision is already difficult for any diverse group of actors …, priorities, and world views, the presence of deep uncertainties further challenges the decision-making framework by questioning … is based on a set of interviews with decision-makers, in particular World Bank project leaders, and on a literature …
Persistent link: https://www.econbiz.de/10012557076
The authors use firm level data on Bulgaria to investigate the impact of liquidity constraints on firms investment … performance. Internal funds are a important determinant of investment in most industrial economies. The authors use a simple … accelerator model of investment to test whether liquidity constraints are relevant in Bulgaria's case. Their estimates are based …
Persistent link: https://www.econbiz.de/10012571748
that would otherwise restrict efficient firm investment. The author estimates a structural model, based on the Euler … equation for investment, using firm-level data from forty countries. The results show a strong negative relationship between … the extent of financial market development, and the sensitivity of investment, to the availability of internal funds (a …
Persistent link: https://www.econbiz.de/10012573067
between firms' financial conditions and investment. They argue that by using orthogonalized impulse-response functions they … are able to separate the "fundamental factors" (such as marginal profitability of investment) from the "financial factors …" (such as availability of internal finance) that influence the level of investment. The authors find that the impact of the …
Persistent link: https://www.econbiz.de/10012573221
Using micro-level data on mutual funds from different financial centers investing in equity and bonds, this paper analyzes how investors and managers behave and transmit shocks across countries. The paper shows that the volatility of mutual fund investments is quantitatively driven by investors...
Persistent link: https://www.econbiz.de/10012554504
With few exceptions, mainly in Asia, mutual funds grew explosively in most countries around the world during the 1990s …
Persistent link: https://www.econbiz.de/10012573316
index funds for pension investment. The equity premium provides powerful motivation for equity investment by pension funds … managers. In developing countries that seek to use index funds in pension investment, there are avenues through which …
Persistent link: https://www.econbiz.de/10012572880
have become important contributors to financial market integration, little is known about their investment allocation, and … analyzing data at the level of both investors, and fund managers. Among their findings: Equity investment in emerging markets … than domestic U.S. funds and world funds. When investigating abroad, U.S. mutual funds invest more in equity than in bonds …
Persistent link: https://www.econbiz.de/10012572914
electromobility. Poland stands out with the highest export potential and investment requirements in absolute terms, while Bulgaria and …
Persistent link: https://www.econbiz.de/10015198163