The paper builds up a macro function of investment to capture various key determinants and explore the intricate … determination mechanism of aggregate investment. It explicates the basic trend determinant of investment, locates the cause of … investment volatility and identifies the magnifier of volatility, recognizes the sluggish force and its sluggish and …

larger drop in demand for external finance and their cost of external finance, implying higher investment-cash flow …

factor productivity shocks and where investment behaviour at the single plant level follows an (S,s) policy. We assume that … in the case of investment (disinvestment) there are positive (negative) localised spill-over effects because of factor …" state where there exists a positive, highly volatile aggregate investment rate which depends on the size of the …

investment, and for the procyclical behavior of household debt. The authors use a calibrated version of their model to ask the … maximum borrowing limit, and housing investment, homeownership, and household debt closely track aggregate productivity. In …, and the sensitivity of housing investment to aggregate shocks on the other, are lower, as found in the data …

time-series, the model matches the procyclicality and volatility of housing investment, and the procyclicality of mortgage … of housing investment, the reduced procyclicality of mortgage debt, and a small fraction of the reduced volatility of GDP …. Second, we use the model to look at the behavior of housing investment and mortgage debt in an experiment that mimics the …

investment, and for the pro-cyclical behavior of household debt. The authors use a calibrated version of their model to ask the … borrowing limit, and housing investment, home-ownership, and household debt closely track aggregate productivity. In the late … sensitivity of housing investment to aggregate shocks on the other, are lower, as found in the data. Quantitatively, this model …

We investigate the effect of uncertainty on investment. We employ a unique dataset of 25000 Greek firms' balance sheets … uncertainty. The investment performance of 14 sectors is examined within a dynamic investment model. Robust GMM estimates of the … investment rate model reveal a high degree of heterogeneity among these sectors. Overall uncertainty affects negatively …

firms to cut investment, employment, and borrowing. We conclude that financial market fluctuations affect even private firms …

investment, and for the procyclical behavior of household debt. The authors use a calibrated version of their model to ask the … maximum borrowing limit, and housing investment, homeownership, and household debt closely track aggregate productivity. In …, and the sensitivity of housing investment to aggregate shocks on the other, are lower, as found in the data …