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Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …
Persistent link: https://www.econbiz.de/10011621855
We present a comparable set of results on the monetary transmission channels on firm investment for the four largest … euro-area countries (Germany, France, Italy and Spain). With particularly rich micro datasets for each country containing … channel. For each of those countries, we estimate neoclassical investment relationships, explaining investment by its user …
Persistent link: https://www.econbiz.de/10011431058
The paper explores the investment behaviour of German firms in the context of the Q-approach, which plays a dominant … role in empirical investment research. The analysis is based on the Deutsche Bundesbank's corporate balance sheet … the majority in Germany. One of the key variables when using balance sheet data, which has attracted much detailed …
Persistent link: https://www.econbiz.de/10011431772
) prognostizieren, dass Deutschland im Jahr 2023 im Vergleich zu anderen führenden Volkswirtschaften weltweit am schlechtesten … OECD both expect Germany to be the worst-performing leading economy in the world in 2023. Beyond recent shocks, German …
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