report. In “It's Alive! Corporate Cash and Business Investment,” author Finn Poschmann points out that corporate cash … holdings, as a share of output, have not grown since 2010 and that, contrary to popular opinion, business sector investment …

This paper investigates investment behavior across public and privately held firms using a novel firm-level dataset. We … invest more than their non-listed counterparts. In addition, their investment decisions are significantly more sensitive to … changes in investment opportunities, and they respond more aggressively. These results constitute evidence rejecting the …

The paper assesses the role of taxes on investment in Colombian firms. The analysis is carried out at the firm level … the statutory tax rates, tax credits and incentives for corporate investment. The effect of corporate taxation on … investment is estimated by first determining the impact of taxation on the cost of capital by computing the effective marginal …

' investment, growth and financial constraints. Combining propensity score matching with a difference-in-differences estimator, our …

We present a model of firm investment under uncertainty and partial irreversibility in which uncertainty is represented … impact the optimal investment and disinvestment policies, and how the presence oflarge negative jumps can drastically affect … negative effect of uncertainty on firm investment decisions. We test these predictions on a panel dataset of UK firms: we first …

macroeconomic indicators, to provide a better understanding of corporates' investment obstacles. We investigate impediments to … corporate investment across the EU. We use a novel dataset merging firm level data from the European Investment Bank Investment … derived from aggregating qualitative answers on impediments to investment at the country level correlate relatively well with …

In this paper, we investigate the effect of real estate prices on productive investment. We build a simple theoretical … framework of firms' investment with credit rationing and real estate collateral. We show that real estate prices affect firms … identification of the second channel allows for heterogeneous effects of real estate prices on investment across firms. We test our …

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 …

–2011 affect firms’ investment propensity. Understanding how forecast errors affect firm investment behaviour is key to mitigate … impact of absolute forecast errors on investment. Strikingly, asymmetries arise depending on the size and direction of the … forecast error. The investment propensity declines if the realised situation is worse than expected. However, firms do not …

This study investigates if financial constraints reduce investment among private and small firms using a rich, census … of investment to changes in cash flow and the marginal product of capital among plants with different size and ownership … status. The analysis reveals that cash flow has greater effect on investment among small plants, whereas the effect of the …