We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … channel. For each of those countries we estimate neo-classical investment relationships, explaining investment by its user … cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This …

and service sectors on capital stock, investment and value added. Our econometric estimates of an investment function …

, controlling for firms characteristics. Following the literature on investment and financing constraints, we also test whether … banking consolidation affects the investment-cash flow sensitivity of firms. We examine in detail the effects of bank mergers …

This paper studies the effects of monetary policy on the investment behaviour of various categories of Italian firms … collateral are more affected by monetary policy. In quantitative terms, the difference in the response of investment by different …

This paper investigates the relationship between exchange rate fluctuations and the investment decisions of a sample of … investment through the revenue channel, and a negative effect through the cost channel. The magnitude of these effects varies … fluctuations on investment is stronger for firms with low monopoly power and for those facing a high degree of import penetration …

and insolvency and of penalty-rate financing is downplayed. Some peculiarities of the international environment make it …