This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …

remain - and the Covid-19 shock may have exacerbated them. This report analyses European firms' investment in training over … the last six years examining trends, factors supporting training investment as well as the impact of the Covid-19 shock …. We base the empirical analysis on a unique dataset, the European Investment Bank's Investment Survey (EIBIS), which …

of the minimum wage on human capital investment rates and no overall effects on fixed capital investment rates. When …

In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … identification of the second channel allows for heterogeneous effects of real estate prices on investment across firms. We test our …

as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …

reduces owners' capital investment - we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …