Search Results - subject_exact:"Investment"

Automation under constraints : exchange rates interest rates and investment

Ayyagari, Meghana; Maksimovic, Vojislav; Rodrigo, Rodimiro - 2026

The yen depreciation from 2012-2015 reduced robot prices for U.S. firms. Paradoxically, financially constrained firms dramatically increased adoption relative to their unconstrained peers. We rationalize this with a collateral model: robots are pledgeable assets requiring non-pledgeable...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015609860

Framing a place-based investment strategy for the Upper Lee Valley

Penney, Kate; Francis, Michael; McCann, Philip; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015613455

Redirect investment to stimulate the economy

Meijers, Huub; Muysken, Joan - 2026

Investment has been low in the last decades (both by firms and by government). This does not only hold for fixed capital including R&D, but also for investment in climate, housing, infrastructure and education. Productivity has been low too and should be stimulated, as is elaborated in the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015616218

Navigating credit dynamics : does it matter for firm-level investment? : evidence from AnaCredit

Kocabaş, Serkan; Saiz, Lorena - 2026

This study investigates how credit supply shocks impact firm-level investment across the euro area using the novel AnaCredit database. Employing the methodology developed by Amiti and Weinstein (2018), we decompose loan growth rates into four components: bank-specific, firm-specific,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015592622

Framing a place-based investment strategy for Fermanagh & Omagh

Sensier, Marianne; Hoskins, Joel; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015593916

New evidence on business investment and capital reallocation

Crispino, Marta; Loberto, Michele; Pavanello, Carlo; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015586849

Germany's swift package of business tax breaks aimed at stimulating investment

Funke, Michael; Terasa, Raphael - 2026

Germany has introduced a comprehensive package of staggered business tax breaks to accelerate business investment and give new momentum to economic growth. The key components of the so-called investment booster program are a temporary tax write-off on machinery and other equipment investments to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015586899

Investing in the shadows : FinTech browth and mortgage market dynamics

Li, Wenli; Zhou, Xiaoqing - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606679

Feed-in tariffs, intermittency, and inefficient investment

Storrøsten, Halvor Briseid - 2026

Feed-in tariffs (FiTs) have been instrumental in expanding renewable electricity generation but can distort investment by insulating producers from market price volatility. This paper develops a twostage model of electricity markets with stochastic demand and supply shocks, showing that a higher...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606750

Framing a place-based investment strategy for South Tyneside

Sensier, Marianne; Penney, Kate; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015607614

Framing a place-based investment strategy for Cumberland

Sensier, Marianne; Penney, Kate; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015620147

Dynamic investment and product market rivalry : the network Q model

Bustamante, Maria Cecilia; Pellegrino, Bruno - 2026

We present a new dynamic model of corporate investment in imperfectly-competitive product markets, extending the neoclassical (Q) theory of capital to a multi-firm, multi-product, fully-structural model. Our model embeds a state-of-the-art hedonic demand system, endogenizes firms' markups and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015620786

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Dynamic investment and product market rivalry : the network Q model

Bustamante, Maria Cecilia; Pellegrino, Bruno - 2026

Book / Working Paper

Digital production investments and financial outcomes : a Baltic and rest of Europe comparison

Lastauskaite, Aiste - 2026

This study provides new evidence on how production digitalization investment affects firm financial performance across diverse European regions. A panel of 14,935 firm-year observations from 30 countries (2012-2022), including a focused Baltic subsample, is used alongside a refined digital...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015626021

Monetary policy under multiple financing constraints

Pérez, Ander; Timmer, Yannick; Van der Ghote, Alejandro - 2026

We revisit the credit channel of monetary policy when firms face multiple financing constraints, a common feature of corporate financing we document empirically. Our theory shows that the multiplicity of constraints dampens the transmission of expansionary policy to firm borrowing and investment...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015627078

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Monetary policy under multiple financing constraints

Pérez, Ander; Timmer, Yannick; Van der Ghote, Alejandro - 2026

Book / Working Paper

Framing a place-based investment strategy for Great Yarmouth

Sensier, Marianne; Penney, Kate; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641264

Effects of monetary policy on investment dynamics in Latin American economies through a model with heterogeneous firms

Menezes, Rodney - 2026

This study examines how firms' financial heterogeneity shapes the transmission of monetary policy to investment in Latin American economies. It develops an extended theoretical model with heterogeneous firms, calibrated for Latin American economies, and validates it empirically through local...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633300

Finance, investment, and productivity : distillation and synthesis of TPI research programme on finance

Mann, Catherine L. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015635434

Framing a place-based investment strategy for Newport

Sensier, Marianne; Penney, Kate; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015667645

Do fiscal contractions shocks trigger investment collapses : evidence from a global panel

Prashanth Kumar A C; Sharma, Mukund; Venugopal, … - 2026

This study investigates the impact of fiscal contractions on investment dynamics, with a particular focus on the risk of "investment collapses." Using an unbalanced panel of 107 countries over the period 1960-2023, we construct an investment-collapse indicator based on extreme declines in...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671923

The AI investment race

Phurichai Rungcharoenkitkul - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015672863

UK-wide growth and development : insights from the "Manchester model"

McCann, Philip; Ortega-Argilés, Raquel - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015667649

Do institutions matter for turning savings into investment? : evidence from African economies

Ayemele, Cyril; Monyela, Dikeledi; Kirsten, Frederich - 2026

This study examines the relationship between domestic savings and fixed capital formation in African economies, focusing on the moderating role of institutional quality. Using panel data for 45 African countries over the period 1996-2024, we estimate a fixed-effects model with Driscoll-Kraay...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676808

Framing a place-based investment strategy for Walsall

Sensier, Marianne; Penney, Kate; Francis, Michael; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016059315

Structural changes in investment and the waning power of monetary policy

Bloesch, Justin; Weber, Jacob P. - 2026

We argue that secular change in both the production and composition of investment goods has weakened investment's role in the transmission of monetary policy to labor earnings and consumption. We show analytically that fluctuations in the production of investment goods amplify the response of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015625587

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Structural Changes in Investment and the Waning Power of Monetary Policy

Bloesch, Justin; Weber, Jacob P. - 2021

Book / Working Paper

Understanding productive investment decisions : investment patterns and decision-making processes

Golubova, Eugenie; Roper, Stephen - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676381

The persistent effects of adverse shocks to investment

Best, Lea; Link, Sebastian; Menkhoff, Manuel - 2026

We use a large panel survey of German manufacturing firms spanning five decades of quantitative investment plans and realizations to study the persistence of investment dynamics. We proxy adverse investment shocks with large downward revisions of firms’ investment plans. Even ten years after a...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061912

The effectiveness of investment tax incentives : evidence from renewable energy deployment in Indonesia

Sari, Mayang; Sen, Suphi; Weikard, Hans-Peter - 2026

We study the effect of a 2018 reform that expanded the scope of corporate income tax exemptions in Indonesia to include investments in renewable energy capacity. We find a large increase in the share of renewables in total installed capacity. These effects are mainly driven by the expansion of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016062048

Long-run trends in corporate investment and leverage in the UK : a decomposition

Irastorza-Fadrique, Aitor; Nesheim, Lars; Levell, Peter - 2026

Since the 2008 Global Financial Crisis, the UK has experienced persistently weak productivity and corporate investment alongside a sustained decline in corporate leverage. We use a large annual panel of UK firms drawn from the FAME database to document and decompose these long-run trends over...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016085379

Gains from targeting? : government subsidies and firm performance in China

Huang, Jiuli; Wang, Yabin; Zhu, Min - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015338176

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Gains from targeting? : government subsidies and firm performance in China

Huang, Jiuli; Wang, Yabin; Zhu, Min - 2025

Book / Working Paper

Bank regulation, investment, and capital requirements under adverse selection

Rivera, Thomas J. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357654

How do corporate tax hikes affect investment allocation within multinationals?

De Vito, Antonio; Jacob, Martin; Schindler, Dirk; Xu, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357659

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How do corporate tax hikes affect investment allocation within multinationals?

De Vito, Antonio; Jacob, Martin; Schindler, Dirk; Xu, … - 2023

Book / Working Paper

Investing in Europe's green future : green investment needs, outlook and obstacles to funding the gap

Nerlich, Carolin; Köhler-Ulbrich, Petra; Andersson, Malin - 2025

The green transition of the EU economy will require substantial investment to 2030 and beyond. Estimates of green investment needs vary between institutions and are surrounded by high uncertainty, but they all point to a requirement for faster and more ambitious action. Green investment will...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015177211

How does FDI transmit into domestic investment? : exploring intra-industry and financial channels

Leeuw, Tim de; Wacker, Konstantin - 2025

Foreign direct investment (FDI) is often seen as a means to boost domestic investment and, hence, capital accumulation. Yet, the empirical support for such a positive investment effect of FDI is inconclusive. A possible reason is that FDI is often directed towards the financial sector, where...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015358531

Economic growth and savings transition in Asia : unity in diversity

Athukorala, Premachandra; Wanissa Suanin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015394302

The asymmetric incidence of business taxes : survey evidence from German firms

Winter, Richard; Doerrenberg, Philipp; Eble, Fabian; … - 2025

We provide novel evidence on the incidence of business taxes using comprehensive survey and experimental data from German firms. Leveraging randomized variation in hypothetical tax changes, we find that the incidence of profit taxes is highly asymmetric. Tax decreases are more likely to benefit...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015420878

Is the UK Sterling-zone an optimal currency area? : comparisons with the Euro area and the rest of Europe using city and regional investment data

Daams, Michiel N.; McCann, Philip; Veneri, Paolo; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015425119

Disclosure to competitors in light of endogenous firm investments

Arya, Anil; Frimor, Hans; Mittendorf, Brian; Pfeiffer, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015463751

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Disclosure to Competitors in Light of Endogenous Firm Investments

Arya, Anil; Frimor, Hans; Mittendorf, Brian; Pfeiffer, … - 2023

Book / Working Paper

Product development with lurking patentees

Hovenkamp, Erik; Lemus, Jorge A.; Turner, John L. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015463777

Kaldor, Hicks and Goodwin meet the supermultiplier : on growth cycles and autonomous demand

Gallo, Ettore - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015474217

Monetary policy shocks and firms' investment decisions

Abberger, Klaus; Rathke, Alexander; Sarferaz, Samad; … - 2025

We study the investment channel of monetary policy through a randomized survey experiment, exposing Swiss firms directly to shocks to the Swiss National Bank's policy rate. Our survey experiment randomizes pure policy-rate shocks - uncontaminated by information effects - and records firms'...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015455483

Are investment tax breaks efective? : Australian evidence

Win, Nu Nu; Hambur, Jonathan; Breunig, Robert - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015406654

Corporate tax system complexity and investment sensitivity to tax policy changes

Amberger, Harald; Gallemore, John; Wilde, Jaron - 2025

Effective policymakers must balance the demands of formulating a corporate tax system that raises revenue and spurs economic activity (e.g., investment) while promoting a "level playing field" across firms. Balancing these tradeoffs has likely caused tax systems to become more complex over time,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015438948

Firms' investment and capacity utilisation : the role of financial constraints and uncertainty

Mohades, Siavash; Piccillo, Giulia; Savona, Maria; … - 2025

This paper studies the role of capacity utilisation in explaining investment behaviour in Italian SMEs and large firms. We propose a framework in which firms with high capacity utilisation are more likely to invest in maintaining a buffer against future shocks. Using firm-level data from the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015455776

Possibilities for climate change adaptation investments in Ghana : exploring private sector concerns and perceptions about policy incentives

Osei, Jane; Ahenkan, Albert; Anuga, Samuel Weniga - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015460108

The effects of monetary policy on gross domestic product, investment and inflation : an analysis of Italian regional heterogeneity

Cecchetti, Sara; Di Giacinto, Valter; Montaruli, Francesco - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015462756

Does location matter in corporate finance? : an empirical investigation on manufacturing SMEs and the consequences of being on the "wrong" side of the institutional border

Falavigna, G.; Ippoliti, R. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015562279

The lead-lag relationships between profits, investment and output : the evidence from Germany

Trofimov, Ivan - 2025

This study considers the short-term lead-lag relationships between profits, private investment, and output. The interplay between the variables is examined using quarterly data for Germany during the 1991Q2-2020Q3 period. The methodology comprises: examination of the cross-correlations; the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015613443

Time horizon and corporate investment : evidence from private and public firms around the world

Akguc, Serkan; Choe, Chong-mu - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606243

A new modeling approach to help address the trump tariffs

Horioka, Charles; Ford, Nicholas - 2025

In this paper, we show that the existing models and descriptions of the transfer of capital between countries that are provided in international economics are inadequate because they fail to explain the causes of, or the consequences of, persistent trade imbalances and because the assumption...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633331

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A new modeling approach to help address the Trump tariffs

Horioka, Charles - 2025

Book / Working Paper

New modeling approach to help address the Trump tariffs

Horioka, Yuji; Ford, Nicholas - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015558356