to U.S. domestic investment data illustrates the method. Dans cet article, nous proposons des procédures d …

. Our approach is different, as it rests on the estimation of a bivariate VAR. Variables used are the budget balance in …

The effect of debt on private investment is theoretically undetermined. Indeed, according to the theory, the relation … between debt and private investment can either be negative (debt overhang) or positive (accelerator effect on economic growth …, hence on private investment). Our study consists in testing this relationship in the case of Turkey over the 1963 …

&D investment over total investment is countercyclical without credit constraints, but it becomes more procyclical as firms face …; (iii) in more credit constrained firms, R&D investment share plummets during recessions but does not increase … proportionally during upturns; (iv) average R&D investment and productivity growth are more negatively correlated with sales …

Swings in inventory investment have traditionally played a major role in Canadian business cycles. However, advances in …

Statistical tests in vector autoregressive (VAR) models are typically based on large-sample approximations, involving … general simulation-based technique that allows one to control completely the level of tests in parametric VAR models. In … considered as special cases. The technique developed is applied to quarterly and monthly VAR models of the U.S. economy …