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Investment and finance
This section includes work on factors that influence company investment and financial behaviour. We look at the effects of financing constraints and demand uncertainty on company investment. There is also work on the relationship between share prices and investment, and the effects of share ownership structures on both investment and dividend payout ratios.

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Year: 34 publications
30 March 1999
W99/05
Steve Bond, Dietmar Harhoff and John Van Reenen
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994.
01 December 1998
W98/16
Michael P Devereux and Rachel Griffith
Traditional analysis of the taxation of income from capital has focused on the impact of
01 October 1998
W98/10
Bronwyn H. Hall, Jacques Mairesse and Benoit Mulkay
We review the changes in modelling strategy and econometric methodology when estimating a firin-level investment equation on panel data during the past twenty years, in order to assess which of these changes result from new estimation methods and changes in the practice of panel data econometrics, and which are "real" and due to the evolution of the economy.
16 August 1997
W97/08
Steve Bond, Julie Elston, Jacques Mairesse and Benoit Mulkay
This paper investigates whether the impact of financing constraints on company investment spending differs between firms in Belgium, France, Germany and the UK.
01 January 1996
Steve Bond, Michael P Devereux and Malcolm Gammie
01 January 1996
01 May 1994
Steve Bond and Costas Meghir
This paper forms part of the work of the ESRC Centre for the Microeconomic Analysis of Fiscal Policy at IFS.
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