Titlebook: Investing Today for the World of Tomorrow; Studies on the Inves Deutsche Bundesbank Conference proceedings 2001 Springer-Verlag Berlin Heid

FAZE

,Investment and Taxation in Germany — Evidence from Firm Level Panel Data,and explicitly seeks to reduce corporate tax burdens by the year 2001. As in previous reforms, the lower tax tariffs are accompanied by less generous depreciation allowances. The overall objective of these policy measures is to strengthen the investment incentives in the corporate sector. Yet, from

Predigest

ULCER

Discussion,ss cycle analysis, relevant for fiscal policy as well as monetary policy and ambitious in several respect. First trying to explain and predict firm investment behavior has in general proved to be a serious challenge: ‘Estimation of investment functions is a tricky and difficult business and the best

GUILT

Infrastructure Investment and Economic Activity: Theoretical Issues and International Evidence, investment might have been the driving force in the generally observed productivity slowdown. In 1994, a group of influential U.S. economists even composed and signed a petition presented to the U.S. Congress for increased infrastructure investment. Whereas in urban and regional science, as well as

发誓放弃

Discussion, according to which the productivity of public investment was much higher than had been imagined previously. According to that pioneering work, the productivity effects of publicly provided infrastructure were so great that most of the famous productivity slowdown experienced by the U.S. in the 1970

Discrete

反复拉紧

Discussion,ts, according to the text of the paper, show that — in Germany at least — this link may be negative. That is not a radical outcome. Other papers have come to the same conclusions, even if in rather different settings.

Offset

Discussion, As stated clearly by Caballero (.), uncertainty will have a negative effect on investment only if irreversibilities are large and/or if the negative dependence of the marginal productivity of capital on the level of capital is strong, i.e. if either decreasing returns or imperfect competition is pr

Colonoscopy

Capital-Market Imperfections, Investment, and the Monetary Transmission Mechanism, element of economic policy analysis. At an operational level, a ‘tightening’ of monetary policy by a central bank implies a sale of bonds by the central bank and an accompanying reduction of bank reserves. One question for debate in academic and public policy circles in recent years is whether this

EVEN

Discussion,ider two separate channels. A traditional interest rate channel or ‘money view’ channel. And a ‘credit view’ channel. The ‘money view’ channel corresponds to the ‘textbook’ presentation of the monetary transmission mechanism. Changes in official interest rates are spread through the yield curve. Ass