Measuring Firms' Financial Constraints: A Rough Guide

The recent years have been prolific in terms of development of new measures of firms' financial constraints. This paper surveys the main strategies proposed. Additionally, we discuss the key advantages and disadvantages of each measure as well as the data requirements for implementation. Finally, it provides a useful tool for researchers that intend to analyse the impact of constraints on firm behaviour.

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Year of publication:	2012-10
Authors:	Silva, Filipe ; Carreira, Carlos
Institutions:	Grupo de Estudos Monetários e Financeiros (GEMF), Faculdade de Economia
Subject:	financial constraints \| firms \| survey

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Extent:	application/pdf
Series:	GEMF Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published in Notas Económicas 36: 23-46, 2012. Number 2012-14 40 pages
Classification:	D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; G32 - Financing Policy; Capital and Ownership Structure ; L20 - Firm Objectives, Organization, and Behavior. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010680356