west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high … incomes in the east have now reached the western level, and investment per capita has been much higher than in the west …. However, every third deutschmark spent in the east has been coming from the west, investment in equipment has fallen below the …

1978-89. These datasets are used to estimate a range of empirical investment equations, and to investigate the role played … the suggestion that financial constraints on investment may be relatively severe in the more market-oriented UK financial …

Over the past century the long-run growth of six economies shows a strong association between investment in machinery …, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …

We investigate how labor and investment demand at the firm level (gross as well as net and replacement investment … for the important changes and differences in labor and investment demand between the two subperiods and across the three …

future of work. We study firm investment in automation using cross-country data on robotization as well as administrative … firms has been limited. First, investment in robots is small and highly concentrated in a few industries, accounting for … importance in firms' investment is significantly higher, and their link with labor markets, while sharing some similarities with …

and investment, we are able to capture many of the key empirical properties of Germany and Japan's postwar transitions … capital-output ratio, rising rates of investment and employment, and moderate rates of return to capital …

This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit … expected firm value generated by the R&D investment. It increases firm value by 6.7 percent for the median firm in high … innovation significantly raise investment rates and productivity while reductions in startup costs have little effect …

The ifo Investment Survey asks firms in the German manufacturing sector about the importance of sales, technological … factors, finance, return expectations, and macroeconomic policy for their investment activity in a given year. We show that … these subjective investment determinants 1) capture economically what their labels suggest, and 2) have strong explanatory …