investment behavior originating on the demand side for capital, e.g. at the sector level. We show that the underlying assumption … of homogeneity may indeed lead to misspecification of standard aggregate investment models. Using data from 23 sectors in … estimate the responsiveness of investment to the tax-adjusted user cost of capital. While accounting for the different sources …

The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe …, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries … points of GDP or more in several countries. A significant proportion of this investment shortfall is attributable to soft …

analysis further identifies sources of financing in these subsectors and discusses future investment and financing challenges …

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 …

In Romania, the share of firms carrying out investment is amongst the lowest in the European Union. This is despite … on information from two surveys - the EIB Investment Survey and a survey on access to finance conducted by the National … Bank of Romania - to analyse the reasons for this subdued corporate investment activity. It also contributes to the debate …