response of investment to continued demand weakness, leading in turn to a deterioration in potential output via a hysteresis … government investment as a share of GDP has further exacerbated post-crisis weakness in capital stock growth, both directly and … probably indirectly via adverse spillover effects on business investment. Finally, at a time when the use of conventional macro …

capital stock since the financial crisis can be explained by an accelerator response of investment to continued demand …. In many OECD countries, declining government investment as a share of GDP has further exacerbated post-crisis weakness in … capital stock growth, both directly and probably indirectly via adverse spillover effects on business investment. Finally …

Abstract U.S. firms have reduced their investment in scientific research ("R") compared to product development ("D …"), raising questions about the returns to each type of investment, and about the reasons for this shift. We use Census data that … cost. Companies with greater demand for refinancing during the 2008 financial crisis made larger cuts to R&D investment …