for further research, especially on the motivations behind investment decisions. Investments in market economies are …) and the General Theory (1936), as well as follow-ups in the post-Keynesian approaches and others dealing with "fundamental … society. By shaping business concerns and strategies, social institutions have a major impact on investment decisions in a …

The large majority of the work published on firm investment is done in the neoclassical frame of a rational optimizing … firm attempting to achieve optimal size. While this frame addresses one important consideration in firm investment, it has … cashflows are affecting the firm investment decisions. Second, the standard approach operates on an "average firm," which in …

This paper identifies the aggregate financial shocks and quantifies their effects on business investment based on an ….S. public firms' aggregate investment. The negligible aggregate relevance of financial shocks mainly results from the …, financially constrained firms are directly forced to cut investment, which dampens the aggregate investment demand and lowers the …

capital accumulation. Further, and across different theoretical approaches, residential investment is seen as a critical …). Second, aggregate investment is then split into its residential and nonresidential categories. Results confirm that … residential investment leads the cycle, whereas nonresidential investment lags it. Finally, this study argues that residential …

heterogeneous firms and financial frictions. In the model, firms with a high return to capital increase their investment more …

In this paper, we model business investment distinguishing between ICT (communication equipment, hardware and software … characteristics potentially affecting the reactivity of capital accumulation over the business cycle. Business investment and ICT and … financial constraints and uncertainty influence investment behaviour (Hall and Lerner, 2010, and Bloom, 2007). Our findings …

lending, financial saving and physical investment it will be shown that this is a nonsense statement. The theory behind it … accounting can clarify the nature of economic phenomena and be an important building block for economic theory. The paper will … argue that there is much confusion about key macroeconomic concepts like saving, investment and finance. This confusion is …

uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment …

supposed drivers of imbalances in the build-up to the Great Recession: unequal developments in investment, competitiveness and …