The impact of uncertainty on firms? investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …?s investment outlays using the database of the Deutsche Bundesbank's corporate balance sheet statistics. Our database represents …

We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … euro-area countries (Germany, France, Italy and Spain). With particularly rich micro datasets for each country containing … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user …