This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date … overview on the literature on financialization and reviews which of the phenomena typically associated with financialization … changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German …

early 1990s, are analysed with respect to their potential medium- to long-run effects on investment and growth. A comparison … investment activity. …

whose expectations of later receiving an appropriate return on their investment also depend on decisions at the level of the …

whose expectations of later receiving an appropriate return on their investment also depend on decisions at the level of the …

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …

regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …

?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 …

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 …