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 …

-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …

-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging … second exploits a quasi-experiment in East Germany created by a mistaken technology choice of the state …

small to medium size coverage bias against MPs from the center-left parties in Germany and in France. A plausible …

voting power indices, is proposed, and the different measures are compared using a sample of large listed German firms. The …

manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypothesis in …

answers and can be used to estimate market power and pass through rates. I show that even a naive one-sided model that ignores …