What Drives Aggregate Investment? Evidence from German Survey Data
NBER Working Paper No. 18990
---- Acknowledgements ----
We are grateful to John Haltiwanger and conference/seminar participants at the 2012 Ifo Conference on "Macroeconomics and Survey Data" and at the Ifo Macro Seminar for useful comments and suggestions. We also thank Annette Weichselberger for helping us with the data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.