same conclusions concerning the investment behaviour of German manufacturing firms based on the Deutsche Bundesbank …'s Corporate Balance Sheet Statistics. Investment is strongly positive dependent on lagged investment and Q. Nevertheless, in …

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 neoclassical 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 …

-Saxon legislation also play a role. Financial competitiveness in turn encourages FDI inflows whereas it benefits fixed investment … relative to M&A. There is also some evidence that an innovative environment accelerates investment decisions by promoting …

The paper explores the investment behaviour of German firms in the context of the Qapproach, which plays a dominant … role in empirical investment research. The analysis is based on the Deutsche Bundesbank's corporate balance sheet … by Gilchrist and Himmelberg. We compare the results from two different estimation techniques for dynamic investment …

?s Investment Tests (IT) during the years 1988-1998, we create a panel with information on investment, innovation activity and … financing conditions. Financial constraints affect the distribution of investment over time in a fundamental way. Following a … on Schworm?s (1980) model of optimal investment under financial constraints, we use it to test the empirical content of …