Business investment in the euro area strongly declined during the Global Financial Crisis and the Sovereign Debt Crisis … analyse the sluggish recovery in business investment in the euro area and the role of monetary policy in three steps. We … investigate the main factors that have impeded business investment since the Global Financial Crisis. We empirically analyse how …

form of investment cycles. These quasi-periodic movements can be represented as low order, stochastic, dynamic processes … with complex eigenvalues. Specifically, there is a fixed investment cycle of about 8 years and an inventory cycle of about … adjustment costs both in relation to the capital stock and the rate of investment. By means of parametric resonance it was …

We study the time-varying effects of Tobin's q and cash flow on investment dynamics in the USA using a vector … variation over time of the response of investment to shocks in both variables. The time-varying sensitivity of investment to a … show that, although Tobin's q and cash flow are complementary sources of information for investment decisions, their …

persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … about future sales, which can explain 60% of the overall decline in investment. …

shock. Our estimated model uncovers a central role for investment in the transmission mechanism of monetary policy, as high … MPCs amplify the investment response in the data. This force also generates a procyclical response of consumption to … investment shocks, leading our model to infer a central role for these shocks as a source of business cycles. …

relationships were found, each corresponding to a reduced form investment, a loan demand and a loan supply equation, where loan … significant impact on investment. -- aggregate investment ; financial frictions ; cointegration ; error correction models. …

This paper investigates the determinants of private investment in Senegal over the period of 1970-2000. It first tests … investment equation is derived using the Johansen cointegration techniques (Johansen, 1988; Johansen and Juselius, 1990) and the … investment, real income and foreign aid flows affect positively private investment, whilst the impact of credit to private sector …

This paper uses a neoclassical investment model extended with installation costs for capital, agency costs for … investment financing, and the possibility of the firm being output constrained as a framework for an empirical analysis of … investment behaviour in the Swedish manufacturing industry. The theory is implemented within a multivariate error …