We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …

investment. Using panel data on public companies functioning in developed countries, the authors prove that with increasing … uncertainty surrounding a firm, the real options effect increases the influence of financial constraints on investment. To this …

In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … identification of the second channel allows for heterogeneous effects of real estate prices on investment across firms. We test our …

I investigate how political uncertainty influences corporate investment decisions employing a unique panel dataset of … German manufacturing firms. I use data on firms' self-reported investment realizations, plans and revisions. The firm … government policies firms are faced with. I therefore augment the neo-classical investment model by a measure of political …