regarding investments generally carry over to investment efficiency …

emerging markets. The paper measures the risk of short-term exposure by estimating, at the firm level, the effect on investment … not find that this reduction in net worth translates into a drop in investment. …

investment - results that are consistent with the model's predictions. …

The real options tradition originally predicted a decreasing relationship between uncertainty and investment, through … probability is not the best measure of investment. The sign of the total effect is again ambiguous. This ambiguity is illustrated …

This paper investigates corporate fixed investment in Hungary between 2001 and 2014 using firm-level data. We analyse … the composition, heterogeneity and the drivers of corporate investment. Investments in Hungary are highly concentrated and … before the crisis: the investment rate was stagnant and investment activity declined. However, the performance of firms was …

This paper attempts to test whether financial supply-side shifts explain the low-investment climate of private firms in …

Private investment in advanced economies contracted sharply during the most recent financial crisis. Using firm …, contributed to the reduction in investment during the crisis, in particular for small and medium-sized enterprises. The … is most clear in industries in which firms decreased their aggregate investment most during the downturn, and it cannot …

on nominal wage rigidities at the firm level. I trace out the long-run investment and growth trajectories of firms which … investment gap for two years following the shock, resulting in a persistent accumulated growth gap. I show that affected firms … with a higher degree of wage rigidity exhibit a steeper drop in investment and grow more slowly than affected firms with …

Firm-level investment paths are commonly characterised by periods of low or zero investment punctuated by large … investment ‘spikes’. We document that such spikes are important for understanding firm and aggregate level investment in the UK …. We show that annual variation in aggregate investment is driven by variation in the number of firms undertaking investment …