In this paper we investigate corporate investment behavior using a large panel of Hungarian firms between 1993 and 2002 …, the effect of user cost changes on investment is significant and robust across several specifications providing strong … evidence against simple sales-accelerator models of investment. Firms' cash-flow proved to be a significant determinant of …

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 …

We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … credit channel. For each of those countries, we estimate neo-classical 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 …

heterogeneous, aggregate investment is substantially less responsive to credit policy compared to an identical firm setting …

The transmission channels through which monetary policy affects business investment remain opaque. This paper examines … the importance of the interest rate and credit channels on business fixed investment in Germany. We have at our disposal …

I study the role of firms' uncertainty in the transmission of forward guidance to investment. To do so, I employ a … uncertain adjust their investment as if they are more pessimistic. Put differently, more uncertain firms adjust their investment …

The transmission channels through which monetary policy affects business investment remain opaque. This paper examines … the importance of the interest rate and credit channels on business fixed investment in Germany. We have at our disposal …

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 …