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 …

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

-enhancing investment in relationship-specific assets by signalling creditworthiness and long-term planning horizon of their borrowers. We … empirically confirm this hypothesis by showing that industries dependent on relationship-specific investment from their suppliers …

-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes …

(equivalent to over 93 percent of the world population) from 1950 to 2014. Our results produce strong evidence for a positive …, statistically powerful, and economically sizeable relationship. In our benchmark estimation, a one standard deviation increase in …

interaction mitigates or reinforces antagonism towards other groups, the micro-founded theory we develop predicts that a country …