investment in a model in which firms borrow from both bank and non-bank lenders. The bank funds loans with insured deposits and … investment. Quantitatively, I find that the bank's incentive to insure itself against issuing costly equity and competition from …% to 26% eliminates bank failures with effectively no change in the quantity or riskiness of aggregate investment. …

This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt … sources of funds. Our results also suggest that even moderate levels of debt can exert a negative influence on investment for …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …

We investigate the impact of expectations about future climate policy on investment decisions of fossil fuel firms. Our … empirical analysis reveals that firms with greater exposure to climate change significantly increased their investment in … response to the Paris Agreement, in contrast to firms with lower exposure. Importantly, investment was directed towards …

suggest that investment of high-debt firms is significantly depressed for an extended period in the aftermath of economic …% higher than that of firms with lower debt burdens. The negative impact of high debt on investment is most evident for firms …This paper analyses the implications of corporate indebtedness for investment following large economic shocks. The …

In most euro area countries, the monetary/fiscal policy mix is responsible for the changing history of debt and … simulations reveal that the PM/AF regime in France led to price volatility and debt stabilisation, while the AM/PF regime resulted … in disinflation and rising debt trajectory. Meanwhile, Italy's procyclical fiscal policy in downturns contributed to …

and aggregate demand conditions. We find that firms with higher debt levels and a higher share of short-term debt reduce … their investment more after the crisis. This negative effect is stronger for firms linked to weak banks with exposures to … corporate investment. …