Showing 1 - 9 of 9
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
The authors solve a linear problem where a potential conflict between two agents (Destination manager and Firm) arises in a tourism destination. The Destination manager has to choose how to allocate limited resources (capital and land) between either second homes or hotels. This conflict stems...
Persistent link: https://www.econbiz.de/10010309221
The paper develops a model of firm´s investment under uncertainty with financial market imperfections and analyzes the … effects of financial constraints on firm´s investment. Firm´s investment is an increasing function of the firm´s marginal q …, however the investment function is characterized by an upper bound that depends on the firm´s borrowing capabilities. The firm …
Persistent link: https://www.econbiz.de/10010295307
the parameters that determine the distribution of the expected returns on investment. During a crisis that increases … macroeconomic uncertainty and reduces asset prices, the threshold required return that triggers investment is lower for an informed … investment may increase, is mostly by informed investors, and as time goes on is progressively more by investors who were …
Persistent link: https://www.econbiz.de/10010299494
's investment growth is associated with a decline in Tanzania's export growth of roughly 0.60 ppts. A 1 percent fall in commodity …
Persistent link: https://www.econbiz.de/10011635861
ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …
Persistent link: https://www.econbiz.de/10011306671
Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely …
Persistent link: https://www.econbiz.de/10011965931
Given the agreed urgency of decarbonizing electricity and the need to guide decentralized private decisions, an adequate and credible carbon price appears essential. The paper models and quantifies the break-even carbon price for mature zero-carbon electricity investments. It appears an...
Persistent link: https://www.econbiz.de/10011863691
The wave of digital-industrial innovation which begins to disrupt vast sectors of the global economy has fueled fear of a potential adverse impact on jobs and wages. This paper argues that digitalindustrial innovations make human capital more important than ever and the focus needs to shift to...
Persistent link: https://www.econbiz.de/10011879002