Investment is crucial to the development of a nation`s economy and welfare. In contrast to the situation in the United … States, investment activity in Europe has been quite modest over the past few years. This volume gathers together a number of … papers by prominent researchers in the field of investment. It provides an overview of recent developments in this area and …

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 …

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 …