) prognostizieren, dass Deutschland im Jahr 2023 im Vergleich zu anderen führenden Volkswirtschaften weltweit am schlechtesten … OECD both expect Germany to be the worst-performing leading economy in the world in 2023. Beyond recent shocks, German …

Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss … of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP … training and an erosion of the export position with a reduced attractiveness for foreign direct investment. The issue is raised …

Ergebnisse in Deutschland, Frankreich, Großbritannien, Italien, Japan, Spanien und den USA. Insbesondere die Konsequenzen für … Deutschland. Neben dem Verarbeitenden Gewerbe insgesamt wurden die Branchen Chemische Industrie, Maschinenbau, Elektrotechnik und …

The link between investment and finance usually enters the empirical literature in the form of financial constraints … credit market. In this context, the sensitivity of investment with respect to single internal or external finance indicators … resulting empirical investment function includes the probability of survival as an additional explanatory variable. This …

?s Investment Tests (IT) during the years 1988-1998, we create a panel with information on investment, innovation activity and … financing conditions. Financial constraints affect the distribution of investment over time in a fundamental way. Following a … on Schworm?s (1980) model of optimal investment under financial constraints, we use it to test the empirical content of …

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …'s investment outlays using the database of the Deutsche Bundesbank's corporate balance sheet statistics. Our database represents …

We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … euro-area countries (Germany, France, Italy and Spain). With particularly rich micro datasets for each country containing … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user …

The paper explores the investment behaviour of German firms in the context of the Qapproach, which plays a dominant … role in empirical investment research. The analysis is based on the Deutsche Bundesbank's corporate balance sheet … the majority in Germany. One of the key variables when using balance sheet data, which has attracted much detailed …

This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …