Für das laufende Jahr prognostiziert das DIW Berlin ein Wachstum des Bruttoinlandsprodukts von 2,7 Prozent. Im nächsten Jahr werden es 1,2 Prozent sein. Die vielerorts erwartete Dämpfung aufgrund der Wachstumsschwäche in den USA ist ausgeblieben. Allerdings ist die steigende Nachfrage in den Schwellenländern wie China und Indien eine Hauptursache der anziehenden Inflation, die derzeit den größten Hemmschuh ...
In this paper, we discuss the relationship between infrastructure regulation and investment in light of the emerging "security of supply" debate. We approach the subjectby surveying the literature of the past two decades, especially examining the interactions among restructuring, regulation, and investment. The empirical section of this paper relies on case studies of the relationship between the regulatory ...
A couple of recent papers have shifted the focus towards disagreement of professional forecasters. When dealing with survey data that is sampled at a frequency higher than annual and that includes only fixed event forecasts, e.g. expectation of average annual growth rates measures of disagreement across forecasters naturally are distorted by a component that mainly reflects the time varying forecast ...
We investigate the impact of measures of uncertainty on firms' capital investment behavior using a panel of U.S. firms. Increases in firm-specific and CAPM-based measures have a significant negative effect on investment spending, while market-based uncertainty has a positive impact
