We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …) firm growth independent of firm size, as stated in the so-called Gibrat's law, and (iii) R&D investment proportional to …

To analyze business fixed investment in Japan, which has been unusually volatile in recent years, we develop and apply … a loglinear flexible accelerator model. We find that movements in business fixed investment are consistent with …

We show that supply-side financial shocks have a large impact on firms' investment. We develop a new methodology to … of aggregate loan and investment fluctuations …

This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax …. Repatriations did not lead to an increase in domestic investment, employment or R&D -- even for the firms that lobbied for the tax …

We use firm-level panel data to explore the extent to which fixed investment responds to tax reforms in 14 OECD … countries. Previous studies have often found that investment does not respond to changes in the marginal cost of investment. We … of them. In so doing, we find evidence of statistically and economically significant investment responses to tax changes …

decrease their Ramp;D spending (our main proxy for long-term investment) more than Japanese firms. We find no evidence that …

with the cost of capital cannot be found, investment in Japanese manufacturing shows until 1974 a strong association with … of capitalis the major determinant of investment …

Japan's macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our …

, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …