Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily … substitute depressed investment by their financially constrained competitors. The increase in investment, primarily driven by … equilibrium effects are unambiguously countercyclical because the increase in investment by unconstrained firms does not crowd out …

-pronged approach to investigate the relationship between corporate leverage and fixed investment spending. The empirical analysis …

This paper examines the impact of financial liberalization on fixed investment in Mexico, using establishment …

This paper examines the intertemporal effect of corporate income taxation on the investment behavior of a firm that … the corporate profit tax rate initially reduces investment, but the effect is reversed over time as the firm adjusts its …

We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes … the costs of external borrowing and (ii) a real options channel-reflecting firms' option values to delay investment. We … find evidence of the coexistence of both channels. Financially weaker firms reduce investment by more in response to higher …

This paper studies the relation between firms' access to finance, labor productivity and investment using Lithuanian … characteristics, removing these constraints can improve average productivity and investment of firms in Lithuania by 0.51 percent and …

Fixed investment was the most important contributing factor to the boom-bust cycle in Cyprus over the last decade …. Investment boomed during a credit boom in mid-2000s, during which the corporate sector borrowed heavily. Investment collapsed … after 2008 when the credit boom ended. Investment and corporate balance sheets further deteriorated during the Cypriot …

in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of …