{"id":"https://openalex.org/W229701288","doi":null,"title":"Why) Is investment weak","display_name":"Why) Is investment weak","publication_year":2015,"publication_date":"2015-01-01","ids":{"openalex":"https://openalex.org/W229701288","mag":"229701288"},"language":"de","primary_location":{"id":"pmh:oai:RePEc:bis:bisqtr:1503g","doi":null,"is_oa":false,"landing_page_url":"http://www.bis.org/publ/qtrpdf/r_qt1503g.pdf","pdf_url":"http://www.bis.org/publ/qtrpdf/r_qt1503g.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://ddd.bis.org/publ/qtrpdf/r_qt1503g.htm","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5069948040","display_name":"Ryan Banerjee","orcid":"https://orcid.org/0000-0002-5523-7334","observed_orcids":["https://orcid.org/0000-0002-5523-7334"]},"institutions":[{"id":"https://openalex.org/I52989892","display_name":"Bank for International Settlements","ror":"https://ror.org/00d062t77","country_code":"CH","type":"other","lineage":["https://openalex.org/I52989892"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Ryan Banerjee","raw_affiliation_strings":["Bank for International Settlements (BIS)"],"raw_orcid":"https://orcid.org/0000-0002-5523-7334","affiliations":[{"raw_affiliation_string":"Bank for International Settlements (BIS)","institution_ids":["https://openalex.org/I52989892"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5054853071","display_name":"Jonathan Kearns","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I52989892","display_name":"Bank for International Settlements","ror":"https://ror.org/00d062t77","country_code":"CH","type":"other","lineage":["https://openalex.org/I52989892"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Jonathan Kearns","raw_affiliation_strings":["Bank for International Settlements (BIS) - Monetary and Economic Department"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank for International Settlements (BIS) - Monetary and Economic Department","institution_ids":["https://openalex.org/I52989892"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5103179166","display_name":"Marco Jacopo Lombardi","orcid":"https://orcid.org/0000-0001-7002-3871","observed_orcids":["https://orcid.org/0000-0001-7002-3871"]},"institutions":[{"id":"https://openalex.org/I52989892","display_name":"Bank for International Settlements","ror":"https://ror.org/00d062t77","country_code":"CH","type":"other","lineage":["https://openalex.org/I52989892"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Marco Lombardi","raw_affiliation_strings":["Bank for International Settlements (BIS) - Monetary and Economic Department"],"raw_orcid":"https://orcid.org/0000-0001-7002-3871","affiliations":[{"raw_affiliation_string":"Bank for International Settlements (BIS) - Monetary and Economic Department","institution_ids":["https://openalex.org/I52989892"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I52989892"],"apc_list":null,"apc_paid":null,"fwci":8.6188,"has_fulltext":false,"cited_by_count":22,"citation_normalized_percentile":{"value":0.9738913,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8041999936103821,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8041999936103821,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.1080000028014183,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.015200000256299973,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.5989999771118164},{"id":"https://openalex.org/keywords/great-recession","display_name":"Great Recession","score":0.8669999837875366},{"id":"https://openalex.org/keywords/economic-uncertainty","display_name":"economic uncertainty","score":0.8410000205039978},{"id":"https://openalex.org/keywords/expected-profit","display_name":"expected profit","score":0.7329999804496765},{"id":"https://openalex.org/keywords/financial-situation","display_name":"financial conditions","score":0.8920000195503235},{"id":"https://openalex.org/keywords/corporate-investment","display_name":"corporate investment","score":0.5950000286102295},{"id":"https://openalex.org/keywords/post-crisis-recovery","display_name":"post-crisis recovery","score":0.6129999756813049}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.806640625},{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.7987796068191528},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.667911946773529},{"id":"https://openalex.org/C2992071073","wikidata":"https://www.wikidata.org/wiki/Q154510","display_name":"Great recession","level":2,"score":0.5452890396118164},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4914606809616089},{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.43311747908592224},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.29139581322669983},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.19907298684120178},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.058916687965393066},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:bis:bisqtr:1503g","doi":null,"is_oa":false,"landing_page_url":"http://www.bis.org/publ/qtrpdf/r_qt1503g.pdf","pdf_url":"http://www.bis.org/publ/qtrpdf/r_qt1503g.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:229701288","doi":null,"is_oa":true,"landing_page_url":"https://ddd.bis.org/publ/qtrpdf/r_qt1503g.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"mag:3123370121","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:bis:bisqtr:1503g","pdf_url":null,"source":{"id":"https://openalex.org/S4306504463","display_name":"BIS quarterly review","issn_l":"1683-0121","issn":["1683-0121"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"BIS quarterly review","raw_type":null}],"best_oa_location":{"id":"mag:229701288","doi":null,"is_oa":true,"landing_page_url":"https://ddd.bis.org/publ/qtrpdf/r_qt1503g.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1722914991","https://openalex.org/W2149088624","https://openalex.org/W2163111126","https://openalex.org/W2341795385","https://openalex.org/W2556634551","https://openalex.org/W2802547544","https://openalex.org/W2899557142","https://openalex.org/W3023597126","https://openalex.org/W3122540655","https://openalex.org/W3124522564"],"related_works":["https://openalex.org/W2336582272","https://openalex.org/W2979965084","https://openalex.org/W3123142296","https://openalex.org/W2383000587","https://openalex.org/W3123061545","https://openalex.org/W2913789534","https://openalex.org/W2808522141","https://openalex.org/W2260086003","https://openalex.org/W2996509924","https://openalex.org/W7161740681"],"abstract_inverted_index":{"In":[0],"spite":[1],"of":[2,16,35,81,95],"very":[3],"easy":[4],"financing":[5,49],"conditions":[6,50],"globally,":[7],"investment":[8,56,82],"has":[9],"been":[10,64,72],"rather":[11],"weak":[12],"in":[13,45,66,90],"the":[14,17,32,36,58],"aftermath":[15],"Great":[18,59],"Recession.":[19],"What":[20],"explains":[21],"this":[22],"apparent":[23],"disconnect?":[24],"The":[25],"evidence":[26],"suggests":[27],"that,":[28],"historically,":[29],"uncertainty":[30,92],"about":[31],"future":[33,97],"state":[34],"economy":[37],"and":[38,48,93],"expected":[39,73],"profits":[40],"play":[41],"a":[42,54,88],"key":[43],"role":[44],"driving":[46],"investment,":[47],"less":[51],"so.":[52],"As":[53],"result,":[55],"after":[57],"Recession":[60],"appears":[61],"to":[62,85],"have":[63,71],"broadly":[65],"line":[67],"with":[68],"what":[69],"could":[70],"based":[74],"on":[75,87],"past":[76],"relationships.":[77],"A":[78],"stronger":[79,96],"recovery":[80],"would":[83],"seem":[84],"depend":[86],"reduction":[89],"economic":[91],"expectations":[94],"growth.":[98]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
