“...ABSTRACT Italian firms delay payment to banks weakened by past loan losses. Exploiting Credit Register data, we fully absorb borrower fundamentals with...”

“...This paper documents the speed of evolution (or lack thereof) of a range of values and beliefs of different generations of US immigrants, and interprets the...”

“...What impact on local development do immigrants and their descendants have in the short and long term? The answer depends on the attributes they bring with...”

“...Using annual data for 75 countries in the period 1960-2000, we present evidence of a positive relationship between investment as a share of gross domestic...”

“...This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. We find a sizeable negative effect of public spending—and in...”

“...The effect of financial liberalization on private saving is theoretically ambiguous, not only because the link between interest rate levels and saving is...”

“...The objective of this paper is to investigate if and how capital adjustment departs from the smooth pattern implied by standard model based on convex...”

“...It is often argued that monetary instability reduces the informational content of market signals and thereby hinders the efficient allocation of investment. In...”

“...We use newly assembled data on regulation in several sectors of many OECD countries to provide evidence that regulatory reform of product markets is associated...”