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There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment …
Persistent link: https://www.econbiz.de/10010271176
This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …
Persistent link: https://www.econbiz.de/10010300385
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We estimate the relationship between investment and unemployment over the time period 1960-2015 in 20 OECD countries …. While neoclassical growth theory typically assumes full employment – with no effect of investment on unemployment – we find …: when investment fell, unemployment increased. When the time period is broken down into two sub-periods to take account of …
Persistent link: https://www.econbiz.de/10014306515
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … show that, except for firms that are much less efficient than the competitor, investment in the subgame-perfect equilibrium …
Persistent link: https://www.econbiz.de/10010315491
or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses … on investment more likely. Extending the basic framework, the paper shows that separation of ownership and control …, endogenous entry and cumulative investments make positive effects of competition on investment more likely. Imperfect upstream …
Persistent link: https://www.econbiz.de/10010315513
on own effort and negatively on the effort of competitors. Such auctions arise naturally in the context of investment … the strategic situation of a two-stage game with investment preceding homogenous Bertrand competition. We obtain …
Persistent link: https://www.econbiz.de/10010315592