We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user … cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This …

The paper explores the investment behaviour of German firms in the context of the Q-approach, which plays a dominant … role in empirical investment research. The analysis is based on the Deutsche Bundesbank's corporate balance sheet … by Gilchrist and Himmelberg. We compare the results from two different estimation techniques for dynamic investment …

interest owed to foreign affiliates would not only affect multinationals' capital structure choice but also investment. An …-capitalization rules on capital structure choice and investment in the OECD and some further European countries in the time period between … loans. However, investment is found to be adversely affected. …

relationship between investment activity and financial constraints is theoretically ambivalent due to simultaneity, the link … take longer to close capacity gaps. This indicates that financial constraints do indeed play a part in the investment …

through the extensive margin of investment. This paper tests some of these predictions using a vector autoregression with …

effect of time-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment …

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

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …'s investment outlays using the database of the Deutsche Bundesbank's corporate balance sheet statistics. Our database represents …