The US business sector has under-invested relative to Tobin's Q since the early 2000's. We
argue that declining competition is partly responsible for this phenomenon. We use a …

We analyze private fixed investment in the US over the past 30 years. We show that
investment is weak relative to measures of profitability and valuation–particularly Tobin's Q …

This paper considers how monetary policy produces heterogeneous effects on euro area
households, depending on the composition of their income and on the components of their …

This article investigates the influences of credit policy and financial constraints on tangible
and research & development (R&D) investments from China's firm-level renewable energy …

Currently, many institutions and academics are working to establish strategies of economic
recovery with the aim of mitigating the short-and long-term impacts of the COVID-19 crisis …

This paper investigates the link between corporate debt and investment for a group of five
peripheral euro area countries. Using firm-level data from 2005 to 2014, we postulate a non …

The global economic crisis has had an adverse effect on, and may continue to affect, the
entrepreneurial sector all over the world. However, even in a recessionary period, there will …

Using panel analysis for a large cross-section of countries, we find that liquidity creation by
banks is positively associated with economic growth at country and industry levels. Liquidity …

In this paper, we study the impact of banking sector development on changes in economic
structure and growth. We argue that banking sector development has differential effects on …

We analyze private fixed investment across European economies and in the US over the
past 20 years. We study the impact of competition and financial constraints on tangible and …