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 …

This paper presents a tractable model of a firm that chooses both the scale and timing of its investment. The value …-maximizing investment policy is lumpy, and sensitivity analysis shows that greater demand volatility is associated with the firm choosing to … volatility leads to investment in smaller increments, more frequently. Overall, the reduced frequency dominates the greater scale …

factor, and external investment adjustment costs. First-order conditions of the model are estimated by the generalized method …

investor “rationality,” the relation must be “explained” by a risk (factor) model. The investment approach questions the … approximations of firm-level investment returns. The evidence that characteristics dominate covariances in horse races does not …” expected returns; the investment approach is no more and no less “causal” than the consumption approach in “explaining …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a …, I find that technical progress, which increases the impact of investment on cost reduction, decreases the level of … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

This study examined the impact of leverage on investment of Pakistani manufacturing firms listed on Karachi Stock … Exchange. To explain the relationship between leverage and investment we get data from the annual reports of manufacturing … is negative relationship between leverage and investment. When leverage increase investment will decrease and vice versa …