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environmental returns. Examination of every equity investment made by one of the largest and longest-operating impact investors … investing that some eligible markets do not receive sufficient investment capital …
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This paper investigates how venture-backed companies are affected when others sharing the same investor suffer a negative shock. In theory, companies may be helped or hurt in this scenario. To examine the topic empirically, I estimate the impact of the collapse of the technology bubble on...
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This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity. Numerous studies analyse the productivity effects of financial development and frictions. The results suggest: 1) Financial development likely has...
Persistent link: https://www.econbiz.de/10011700187
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We examine the increase in the net lending (saving minus investment) of nonfinancial corporations in the years … endogenous reflection of the current weak pace of growth or an outcome of other factors, such as firms' desire to cut investment … investment during the GFC was in line with historical norms, given the path of GDP growth, interest rates, profits, and other …
Persistent link: https://www.econbiz.de/10011459360
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set of moments describing firm-level investment dynamics and detailed parameter estimates on a country-by-country basis …
Persistent link: https://www.econbiz.de/10012121180
response of investment to continued demand weakness, leading in turn to a deterioration in potential output via a hysteresis … government investment as a share of GDP has further exacerbated post-crisis weakness in capital stock growth, both directly and … probably indirectly via adverse spillover effects on business investment. Finally, at a time when the use of conventional macro …
Persistent link: https://www.econbiz.de/10011577778