Kučera, Lukáš - In: European financial and accounting journal : EFAJ 9 (2014) 1, pp. 41-61
Paper deals with the analysis of investment in the business cycle. Analysis is based on available quarterly data for the Czech Republic since 1st quarter 1999 till 1st quarter 2014. It concludes that investment on the macroeconomic level is highly pro-cyclical component of demand, which...