We analyze private fixed investment in the U.S. over the past 30 years. We show that investment is weak relative to … two broad categories of explanations: theories that predict low investment because of low Q, and theories that predict low … investment despite high Q. We argue that the data does not support the first category, and we focus on the second one. We use …

In this paper we study the determinants of investment decisions at the firm level with heterogeneous capital goods. We …

. He applies the Q-theory of investment to a unique database of German firms (the Deutsche Bundesbank's Corporate Balance …During the last decade, exploring the link between financial factors and investment has become a major field of … changes of their internal financial flow. Andreas Behr explores the role of financial factors in a firm's investment decision …

Investor protection is associated with greater investment-sensitivity to q and lower investment-sensitivity to cash …-sensitivities are associated with ex-post investment efficiency; investment predicts growth and profits more strongly in countries with … investor protection laws promote accurate share prices, reduce financial constraints, and encourage efficient investment …

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 …