: capital investment, hiring, research and development, and advertising. We find that uncertainty depresses capital investment … literature emphasizing that long investment lags create valuable real put options which offset the effects of call options lost … roughly a third of the fall in capital investment and hiring that occurred in 2008-10 …

The recent weakness in business investment among advanced economies has revived interest in investment models and … opened a debate on the main drivers of the "investment slump" and what the policy response should be – if any. In particular …, it is essential to assess precisely whether the investment slump stems mostly from weak aggregate demand, financial …

This monograph presents three variants of the neoclassical investment model and characterizes the firm's optimal … investment policy, equity value, and the desirable properties of accrual accounting rules in each setting. Two main questions are …, the owners can incentivize a better informed manager to make efficient investment decisions using the straight …

that foreign reserve accumulation is part and parcel of a growth strategy based on strong capital investment in a …

reverting processes are rarely used in investment models in the literature. In most models, geometric Brownian motion processes … investigations of aggregate industry investment …

rarely present in investment models. In this paper, I extend the q-theory of investment to model explicitly the decision of … known as intangibles, suggest that their share in overall investment has grown considerably. Still, intangible investment is … movements in the measurement of the contribution of each type of investment to the overall capital stock. In particular, given …

Bertola/Caballero (1994) and Abel/Eberly (1996) extended Jorgenson's classical model of firms' optimal investment. By … introducing investment frictions, they were able to capture the role of future anticipations in investment decisions as well as … the lumpy and intermittent nature of investment dynamics. We extend Jorgenson's model to the other direction of financing …

firm level investment and high-frequency identified monetary policy shocks. We show that the reaction of firms' investment …

on average q in a univariate regression of investment on average q. In a multiple regression of investment on average q … financial constraint, but it does not indicate a shortage of liquidity to fund current investment. In addition, the coefficient …