-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …

question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital …-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

question in the context of a heterogeneousfirm RBC model with persistent firm-level productivity shocks and lumpy capital … effect of time-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment …

of firm-level investment is procyclical. We show that a heterogeneousfirm RBC model with quantitatively realistic … of the steady state investment rate distribution, produces investment dispersion that positively comoves with the cycle … ; cross-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks …

the cyclical fluctuations in output, investment, labor, consumption and capital, respectively. Originality/value The …

productivity in services, but only ICT affects productivity in manufacturing. The absence of investment in ICT is associated with …Several studies have highlighted information and communications technology (ICT) as a driver of firm productivity in …, is scarce. This paper analyzes the determinants of investment in ICT at the firm level and how investments in ICT …

This paper examines the relationship between investment in innovation and productivity across firms in Ireland. We … relationships between investment in innovation, innovation outputs and productivity. Our results indicate that innovation is … positively linked to productivity. This result holds for all types of innovation and for both R&D and non-R&D expenditures. The …