In this paper, we investigate the damage to real-sector investment spending and corporate financing activities … triggered by the failure of three major investment banks during the 2007-09 financial crisis. We find that firms characterized … by pre-crisis corporate investment banking relationships with troubled investment banks exhibit significantly lower post …

the availability of credit for investment and interest rates. The analysis combines limited commitment, which encapsulates …

This study analyzes the relationship between output growth and investment in a panel of 20 regions of Finland over the … this study is a unidirectional causality which runs from investment to output growth. The study also verifies the existence … of a positive association between growth and investment for the panel of 20 regions of Finland. These findings reconcile …

-residential investment, while it reduces residential investment. Cuts in the public investment programme crowd in private investment, but are … investment and output growth. However, higher direct taxes by lowering disposable income they reduce import demand, thus …

' migration to the new technology. When the quality of the old technology is exogenous and the entrant dominates investment in the … incumbent dominates investment. When the incumbent can decide on an endogenous upgrade of the old technology, the migration to …

In this paper we use balance-sheet data and information on bankruptcy to study the relationship between investment … and significant impact on the investment rate. By taking a closer look at individual subsamples we reveal that the …

For much of human history, most people have been deprived of liberty without economic and investment opportunities …