Examining the impact of debt on investment for Austrian non-financial sectors and firms | en
Data, policy advice and research on Austria including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA., Using a micro-level model of investment, this paper finds that firm-debt and investment are negatively associated across firms in Austrian manufacturing industries. The finding is robust to various changes to the model specification. Moreover, in an extension of the basic model, different components of debt are examined, pointing out ...
Source: oecd.org