This paper contrasts the investment behavior of different financial institutions in debt securities as a response to … Statistics. Banks and investment funds respond in a pro-cyclical manner to past security-specific holding period returns. In …-cyclical investment behavior. …

We study the relationship between net trade credit and firms' investment levels, focusing on financially distressed …

macroeconomic indicators, to provide a better understanding of corporates' investment obstacles. We investigate impediments to … corporate investment across the EU. We use a novel dataset merging firm level data from the European Investment Bank Investment … derived from aggregating qualitative answers on impediments to investment at the country level correlate relatively well with …

Firm investment, Intangible assets, Loan terms, Credit constraint, Survey data, Instrumental variable approachUsing … European firm-level data from a new survey, the EIBIS, we document the effect of bank loan terms on investment in intangible … benefit from the complementarities of these assets. We document the effect of loan conditions on investment intensity, as well …