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The main argument of the essay is that a succesfull process of national capitalist development in a world market characterized by the existence of multiple national monies and divided in the hegemonic developed countries of the First World and the underdeveloped dependent countries of the Third...
Persistent link: https://www.econbiz.de/10013147747
Theory as well as empirics suggest that both the level and the volatility of uncertainty impact important economic variables. There is a need to extend models of uncertainty to the volatility of uncertainty. We analyse the dynamics of the Economic Policy Uncertainty index developed by (Baker et...
Persistent link: https://www.econbiz.de/10013323381
uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment …
Persistent link: https://www.econbiz.de/10011634332
This study is undertaken to determine the relative impacts of the uncertainty of macroeconomic variables on investment … revealed the following: (1) existence of long run relationship between some of the macroeconomic variables and investment, (2 … uncertainty of most of the macroeconomic variables impact negatively on investment in Nigeria. The study recommends the use of …
Persistent link: https://www.econbiz.de/10009779165
outside the U.S. due to a greater decline of intangible investment and a much slower recovery. Tangible capital can be … investment relies on firms’ liquidity holdings that were drawn down in the crisis and can only be rebuilt gradually through … retained profits. We provide a unified account of the findings through a dynamic model of corporate investment and liquidity …
Persistent link: https://www.econbiz.de/10012816453
risk induces a wedge between the returns on investment in the two sectors. The wedge is bigger, the lower the investor …A large body of evidence suggests that poor countries tend to invest less (have lower PPP - adjusted investment rates …) and to face higher relative prices of investment goods. It has been suggested that this happens either because these …
Persistent link: https://www.econbiz.de/10012727281
In the short term, Russia will have low investment activity both on the part of foreign and domestic investors due to … far there are no preconditions for wide scale private investment in Russia. Safeguarding of the total inviolability of … property rights represents major precondition for the improvement of the investment climate in Russia. This basic for the …
Persistent link: https://www.econbiz.de/10012986106
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