monetary and other shocks. The theory predicts a positive effect of cash flow on investment, given fundamental determinants of … investment. I use an empirical method developed by Gilchrist and Himmelberg (1995, 1999), which has previously only been used to … its investment, controlling for any information in cash flow about investment opportunities. As predicted by the balance …

This paper analyzes gender differences in the investment activity of German small and medium sized enterprises (SMEs … if they invest, then their average investment rate is lower. These differences cannot entirely be explained by firm or … owner characteristics. Furthermore, women’s investment is less sensitive to cash flow, which indicates that it is unlikely …

This paper investigates the effects of uncertainty on the investment behaviour using firm-level data for a sample of … invested. Furthermore, the difference between reversible and irreversible investment is crucial. The impact of volatility on … irreversible investment is far more larger than on reversible investment. In some cases, the amount of reversible investment will …

Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …

developing world. I study the role played by parents' educational investment to explain this inequality and its determinants. To … study the role of household resources. I find that investment decisions are driven by efficiency considerations rather than … inequality concerns over children's final outcomes. Because parents perceive investment to be 12 percent more productive for the …

innovation and how policy may intervene to maximise the social returns of private investment into innovation. Over the past three … Panel (MIP), an annual survey implemented with the first CIS wave in 1993. The MIP fully applies the methodological … recommendations laid down in the Oslo Manual. It is designed as a panel survey, i.e. the same gross sample of firms is surveyed each …

understood. The authors use data from Peru to analyze the determinants of within-industry share of skilled workers. They use a …

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs …