Kučera, Lukáš - In: European Financial and Accounting Journal 9 (2014) 1, pp. 41-61
Paper deals with the analysis of investment in the business cycle. Analysis is based on available quarterly data for … is highly pro-cyclical component of demand, which fluctuates in the business cycle more than GDP. Investment of … individual institutional sectors, which together forms investment of the national economy, behaves in the business cycle highly …