This paper evaluates the impact of the taxation system on factor costs, investment and economic activity. This is … identifies the link between user cost and investment in the context of a full econometric model of investment demand determinants … taxation to investment and economic activity, and assesses the impact of future tax reform proposals …

maximize firm value given financial market prices, disagreement alters firms' value-maximizing investment policies …. Disagreement therefore impacts aggregate investment, consumption, and output. In a production economy with recursive preferences … and disasters, we demonstrate that static disagreement among investors generates dynamic aggregate investment that is …

We use the recent financial crisis period to analyse the effect of bank credit tightening on real firm investment. We …, investment falls substantially more in bank-dependent industries …

production. Along with an increase in valuations, the model can generate a joint decline in investment, productivity, risk …

financial crisis and especially so during the recovery phase. This resulted in a persistent and growing investment gap between …

This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp … investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and … economic policy uncertainty. Our results suggest that while explaining aggregate investment activity better than nominal …

explaining the consumption path after a Marginal Efficiency of Investment shock. We use an otherwise standard medium-scale New …

We use new firm-level estimates of the cost of capital and uncertainty to study the drivers of UK business investment … in a neoclassical investment model. We construct firm-specific measures of the cost of capital and uncertainty and use … new UK survey data to estimate firm-specific investment hurdle rates. There is substantial variation in the cost of …

We study the impact of the concentration and complexity of the banking sector on firms' financing and investment … increases investment sensitivity to aggregate productivity shocks …

like no other at a time of record-breaking debt levels, especially among nonfinancial firms across the world, could …-pronged approach to investigate the relationship between corporate leverage and fixed investment spending. The empirical analysis …