arise in this sunk-investment setting, even though our matching market is competitive. These equilibria exhibit …. Equilibrium investments and the equilibrium matching will be efficient if agents can simultaneously negotiate investments and … matches, but we focus on markets in which agents must first sink their investments before matching. Additional equilibria may …

environmental and economic performance of participating firms. Using a matching methodology, we are able to estimate the causal … impact of EU ETS participation on CO2 emissions, CO2 intensity, investment behaviour and profitability of participating firms …

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 … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user … cost, sales and cash flow. We find investment to be sensitive to user cost changes in all those four countries. This …