This paper analyzes the determinants of buyout funds' investment decisions. In a model in which the supply of capital … is quot;stickyquot; in the short run, we link the timing of funds' investment decisions, their risk-taking behavior, and …'s precise investment choices. Our empirical findings are consistent with the model. First, established funds accelerate their …

aggregate investment, FDI, and entrepreneurial activity. For example, a 10 percent increase in the effective corporate tax rate … reduces aggregate investment to GDP ratio by 2 percentage points. Corporate tax rates are also negatively correlated with …

estimates of the costs and expected long- run benefits from R&D investment. Financially strong firms have a higher probability … of generating innovations from their R&D investment, and the innovations have a larger impact on productivity and profits …

-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures …

establish a causal relationship between competition and investment. Within manufacturing, we show that industry leaders invest … in the late 1990's, which is orthogonal to demand shocks in the 2000's, predicts higher industry investment given Q …

In this article we study differences in the returns to R&D investment between firms that sell in international markets …-run benefit from R&D investment for exporting and domestic firms. The results show that R&D investment leads to a higher rate of … export market sales. As a result, exporting firms have a higher payoff from R&D investment, invest in R&D more frequently …

The empirical literature that seeks to measure the effective tax rate on new investment offers a striking paradox. On … the one hand, summary measures of the effective tax rate on new investment are normally quite high. On the other hand, the … tax rate on new investment. It is much more robust than the standard measures, such as King-Fullerton marginal effective …

quarters of the variation in real annual aggregate investment growth between 1948 and 1993. The negative correlation of … contemporaneous investment and stock returns is explained by the negative correlation of planned investment and subsequent stock … returns. Unexpected revisions to aggregate investment (actual minus plan) within a year are essentially unrelated to current …