highlights future investment and financing challenges, especially for road transport. The methodology piloted in this study can …

trajectories currently lack disaggregation for a more granular and insightful matching with investment data. Energy performance …

The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe …, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries … points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft …

dynamic model of firm investment and debt in which liquidity constraints enter explicitly into the firm's maximization problem …, so that investment depends positively on the firm's financial position. The optimal policy rules are incorporated into a … investment decisions of firms. Firms ability to raise equity is about 73% of what it would have been under free capital markets …

. First, empirically, financial activity is lumpy, more than investment activity. Second, non-convex costs are necessary, in … the context of a dynamic investment and financing model, to rationalize this lumpiness. Two versions of the model, with …, generating financial lumpiness higher than investment lumpiness. Other predictions of the model with respect to investment and …

, scope, and investment decisions, and we outline their connection to recent macroeconomic and financial trends in the US …

exhibit high and significant investment-cash flow sensitivities. Our findings provide a new explanation for why some …

related to investment and leverage regressions. The estimators perform well in Monte Carlos calibrated to resemble the data …