with investment effort determines productive investment. In turn, this one affects the capital-labour ratio and labour … productivity. Both, with the addition of the price ratio, determine the productivity of capital, a key variable in understanding …

fixed investment that became excessive and proved to be unsustainable, while the productivity acceleration helps to account … productivity growth linked to the delayed effects of previously invented 'general purpose technologies' stimulated an increase in …-01 collapse of investment and the stock market proves that good public policy matters, going beyond the narrowly defined …

making. In this paper, I present the first estimation results of investment expenditure for the french economy, applying the …

This paper revisits the question if the user cost of capital plays an important role for investment decisions using … intervals are more reliable when model parameters approach the bounds of their support. I use aggregate investment data from six … accounts for less than 10 percent of the variance in investment under the 99- percent confidence level; this result is robust …

co-moves with GDP and the response of investment to a positive investment shock is attenuated. In the model with …Various papers have identified shocks to investment as major drivers of output, investment, hours, and interest rates …. These investment shocks have been linked to financial frictions because financial markets are instrumental in transforming …

The theoretical literature on business cycles predicts a positive investment response to productivity improvements. In …-term response of investment to a positive technology shock is consistent with a plausibly parameterized new Keynesian DSGE model in … provide evidence that permanent productivity improvements have short-term contractionary e¤ects on investment. Even if this …

investment decline temporarily following a positive technology shock. We fiÂ…rst provide evidence about this apparent puzzle …The debate on the response of hours worked after productivity improvements is still an open issue in the theoretical …

The theoretical literature on business cycles predicts a positive investment response to productivity improvements, a … prediction we question from theoretical and empirical perspectives. We show that a short-term negative response of investment to … a positive technology shock is consistent with a reasonably parameterized new Keynesian dynamic stochastic general …

model, we …rst show that not only hours but also investment decline temporarily following a technology improvement. This … policy does not fully accommodate the shock. …

co-moves with GDP and the response of investment to a positive investment shock is attenuated. In the model with …Various papers have identified shocks to investment as major drivers of output, investment, hours, and interest rates …. These investment shocks have been linked to financial frictions because financial markets are instrumental in transforming …