This paper uses an event study analysis to assess how stock prices in the Philippines have
reacted to domestic monetary-policy changes using data at a daily frequency from 2017 to …

A significant portion of the work published on firm investment adapts models that operate on
an “average firm” assumption, which is different from the investment behavior of a modal …

Abstract Following Hansen (1939), we use a Bayesian multilevel ('mixed effects') model on a
large firm-level panel to isolate the secular decline in autonomous investment demand and …

Using a Bayesian mixed effects model on a large firm-level panel we show that the
investment slowdown is a long-standing feature across 21 advanced economies since 1999 …

Researchers do not observe the mechanisms behind the firm growth and determination of
firm size. Yet, the allocation of resources of a company is the deriving force behind many …

Using a Bayesian mixed effects model on a large firm-level panel we show that the
investment slowdown is a long-standing feature across 21 advanced economies since 1999 …