&D investment at the firm level. The contribution of this study is threefold: first, we extend Máñez et al. [2014], Triguero et al … continuing investment in R&D depends on the market power of companies. We test alternative measures for market power: the …

In this paper we describe the investment behavior of manufacturing firms in Italy between 1995 and 2013 and we … investment using information on firms' demand expectations, uncertainty, and credit constraints, based on the Bank of Italy … investigate the most important factors leading to the decline in investment since 2008. We estimate an error correction model for …

In this paper we study the determinants of investment decisions at the firm level with heterogeneous capital goods. We …

The lumpy nature of plant-level investment is generally not taken into account in the context of monetary theory (see …, e.g., Christiano et al. 2005 and Woodford 2005). We formulate a generalized (S,s) pricing and investment model which is … empirically more plausible along that dimension. Surprisingly, our main result shows that the presence of lumpy investment casts …

In this paper the standard Euler equation investment model with imperfectly competitive product markets is extended for … imperfectly competitive structures on the factor markets: labour markets and markets for investment goods. This extension leads to …

In this paper the standard Euler equation investment model with imperfectly competitive product markets is extended for … imperfectly competitive structures on the factor markets: labour markets and markets for investment goods. This extension leads to …