This paper focuses on environmental policies aimed at

rising investment in pollution abatement capital. We...

Empirical evidence suggests the existence of a negative relationship between rigidities on the labor market...

In this paper we address the question of whether labor supply shifts are the only...

This paper analyses how financial and labor market imperfections jointly influence investment. The contemporaneous presence...

Traditional models of the labor market assume fixed firing costs. This paper explores the implications...

We provide a theoretical microfoundation for the negative relationship between firing costs and labor market...

We analyze the role of risk aversion and intertemporal substitution in a simple dynamic general...

In this paper, we study the effects of future constraints on current investment decisions. Unlike...

In this paper we study the effects of future constraints on current investment decisions. Unlike...

This paper shows that the solution of Nakamura’s [Journal of Economic Behavior and Organization 38...

We use a matching framework to explore the hypothesis that firing costs are a decreasing...

In this paper we study the effects of fiscal policies on current consumption, distinguishing between...

In this paper we build up a theoretical continuous time model to study how future...

We consider a Kaldor-type discrete-time nonlinear business cycle model in income and capital, where investment...

This paper contributes to the long-running debate on the relationship between uncertainty and investment. Our...

In what follows we show that liquidity constraints can affect a firm's investment even when...

This paper aims at analyzing the role of uncertainty on investment. In our analysis we...

In this bookwe argue that the slowdown in labor productivity and not the low contribution...

The standard portfolio model predicts a large equity position for most

households. Empirical evidence shows...