This paper investigates the link between corporate debt and investment for a group of five peripheral euro area … countries. Using firm-level data from 2005-2014, we postulate a non-linear corporate leverage-investment relationship and derive … thresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt …

We present evidence that referenda have a significant, detrimental outcome on investment. Employing an unsupervised … policy-related uncertainty. Examining the relationship of these indices with investment on a longitudinal panel of 3 … uncertainty to investment. Our preferred specification suggests that a one standarddeviation increase in Brexit uncertainty …

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 …

evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … effects from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector …

Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …

Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector … estate investment in China ”though a low-probability event” would be sizable, with large spillovers to a number of China … and the rest of the G20 economies, we find that a 1-percent decline in China's real estate investment would shave about 0 …

of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers …

We explore whether disclosures in the Management Discussion & Analysis (MD&A) have spillover effects for investment and … investment efficiency, and whether spillover effects vary with competition. We focus on the tone of MD&A disclosures and document … substitutable products. We obtain similar results for investment efficiency. Overall, our evidence suggests that MD&A disclosures have …