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 …

corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …

In this paper, we use firm-level survey data to explore the determinants of SME investment activity and the extent to … which observed investment is in line with that suggested by economic fundamentals. In contrast to previous literature which … has focused on whether investment gaps exist at a more aggregate level, we find evidence that for SMEs actual investment …

This paper analyses the implications of corporate indebtedness for investment following large economic shocks. The … suggest that investment of high-debt firms is significantly depressed for an extended period in the aftermath of economic …% higher than that of firms with lower debt burdens. The negative impact of high debt on investment is most evident for firms …