good investment opportunities, but is negatively related to growth for firms whose growth opportunities are either not …

In this paper we derive a model of aggregate investment that builds from the lumpy microeconomic behavior of firms … aggregate investment obtained from adding up the actions of firms subject to aggregate and idiosyncratic shocks, is highly non … postwar sectoral U.S. manufacturing equipment and structures investment. For a given sequence of aggregate shocks, the …

In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … researchers to analyze structural investment behavior on the industry level and to identify changes in the importance of in-vestment …

It is well understood that investment serves as a shock absorber at the time of crisis. The duration of the drag on … investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 … between the sustained reserve accumulation and the persistent and significantly lower levels of investment in the region. Put …

This paper estimates the micro-level costs of adjusting capital using detailed data onquot; investment decisions in the …; profitability. The results show clear evidence of non-convex adjustment costs inaction for capital investment and quadratic … adjustment costs conditional on positive or negativequot; investment. The adjustment costs for utilization show similar non …

view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to …

We study the dual relationship between market structure and prices and between market structure and investment in …. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our …

We analyze private fixed investment in the U.S. over the past 30 years. We show that investment is weak relative to … two broad categories of explanations: theories that predict low investment because of low Q, and theories that predict low … investment despite high Q. We argue that the data does not support the first category, and we focus on the second one. We use …