We employ a novel regional dataset on European private investment and business R&D spanning the years 2000 to 2021 …, along with comprehensive historical data on European Union Structural and Investment (ESI) funds, to estimate whether ESI … funds have crowding-in or crowding-out effects on private investment and business R&D. Our analysis, leveraging regional …

This study evaluates the effectiveness of EU Cohesion Policy as an investment programme, employing a novel dataset that …, funding targeting "SME investment" tends to enhance firm performance disproportionately more than other categories, whereas …

We study the heterogeneous pass-through of carbon pricing on investment across firms. Using balance sheet data of 1 ….2 million European firms and identified carbon policy shocks, we find that higher carbon prices reduce investment, on average …. However, less carbon-intensive firms and sectors reduce their investment relatively more compared to otherwise similar firms …

We use the recent financial crisis period to analyse the effect of bank credit tightening on real firm investment. We …, investment falls substantially more in bank-dependent industries. …

firms' investment ratio. Changes in user costs are significantly affected by changes in the monetary policy indicator. In … addition, firm specific balance sheet characteristics, such as the lagged cash stock to capital ratio influence the investment …

This paper investigates the effects of monetary policy on firms' investment behaviour. The analysis relies on a …. First, we estimate a reduced-form investment equation derived from the neo-classical model, augmented by cash flow. This …

level investment sensitivity to cash flow is used to identify financing constraints. We find that the sensitivities are … importantly, the cash flow sensitivity of investment is lower in countries with better-developed financial markets. This suggests …

investment from 1990 to 1999 through the cost-of-capital and the cash-flow channels. We compare several specifications of neo …

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 …

We formulate and estimate a structural model of firm investment behavior that specifies the exact channel through which … that both real and financial frictions have an important effect on firm investment dynamics. JEL Classification: E22 …