regulates the provision of investment services in financial instruments (such as shares, bonds, derivatives and various … structured products) by banks and investment firms, and the operation of traditional stock exchanges and alternative trading …

This paper studies how investment tax incentives stimulate output in an estimated medium-scale dynamic stochastic … general equilibrium model. We find that the horizon following a positive shock to investment tax incentives is crucial. The …

Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a … comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment …, declining foreign direct investment inflows, elevated private debt burdens, heightened political risk, and adverse spillovers …