-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment ; countercyclical risk ; aggregate shocks …

effect of time-varying uncertainty, highlighted in the literature. -- Ss model ; RBC model ; lumpy investment …

of firm-level investment is procyclical. We show that a heterogeneousfirm RBC model with quantitatively realistic … of the steady state investment rate distribution, produces investment dispersion that positively comoves with the cycle … ; cross-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks …

-level investment is procyclical. We show that a heterogeneous-firm RBC model with quantitatively realistic countercyclically disperse … state investment rate distribution, produces investment dispersion that positively comoves with the cycle, with a …-sectional firm dynamics ; lumpy investment ; countercyclical risk ; aggregate shocks ; idiosyncratic shocks ; heterogeneous firms …

associated with better firm performance. Our analysis demonstrates that policy support that aims at stimulating investment only … investment bottlenecks arising from market imperfections, while remaining non-discriminatory with a view at what sort of capital …

question. The studies presented in this volume take an important first step in quantifying the effect of investment incentives … on business decisions related to production and investment. In addition, they suggest the consequences of such incentives … most fundamental of these questions is: Do taxes matter for investment? Related questions include: - What have been the …

volume, but also the composition of firm investment, by disproportionally decreasing investments in innovation. This …&D spending in total investment, suggesting a shift in the composition of investment that is specific to recessions following …