We analyze international firm-level data to examine the relationship between housing cycle and firm capital expenditure or R&D spending. We use the housing price component independent of firms' investment opportunity and credit supply shocks, obtained by historical decomposition of a structural...

Using firm-level data from 36 countries, we estimate the effect of global uncertainty on corporate investment and financial decisions. Eleven global uncertainty measures that encompass macro, micro, and higher-order dimensions of uncertainty are employed. We find that while Economic Policy...