A0207
Title: The impact of macroeconomic shocks on corporate investments
Authors: Petre Caraiani - Bucharest University of Economic Studies (Romania) [presenting]
Abstract: The aim is to study how the impact of macroeconomics shocks on firm-level investments is influenced by the properties of economic networks. In this sense, we aim at using, on the one hand, data on firm-level corporate investments from the United States and, on the other hand, data on the structure of production activity as given by the BEA Input-Output tables. The first contribution is to create a new dataset that links firm-level data with data regarding the production network. The second contribution is to decompose the impact of various macroeconomic shocks on corporate investments according to their direct and network effect.
