of firm investment and demand for labor with imperfect capital markets, represented as a constraint on dividends, and … firm investment, which does not happen if only labor market rigidities are removed. …

making. In this paper, I present the first estimation results of investment expenditure for the french economy, applying the …

In this paper we present the first estimation results of total investment expenditure for the Romanian economy …

energy price shock and the price of installed capital falls due to investment irreversibility. The model calibrated to match …

on business fixed investment are often blamed on a lack of identification. In this paper, we study the effect of … variation in interest rates on investment spending, employing a large new panel data set that links yields on outstanding … quantitatively important effect of real interest rates on the firm-level investment decisions. According to our estimates, a one …

This paper proposes a model of endogenous fluctuations in investment. A monopolistic producer has an incentive to … invest when the aggregate demand is high. This causes a propagation of investment across sectors. When the investment follows … of the propagation size, and show that its variance can be large enough to match the observed investment fluctuations. We …