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Persistent link: https://www.econbiz.de/10008602880
Based on a panel data set of the Japanese corporations, we investigate into the collateral role of the land assets. We estimate the Euler equation of investment decision rule by the GMM when the corporations face borrowing constraints.
Persistent link: https://www.econbiz.de/10008603012
Persistent link: https://www.econbiz.de/10005670058
Based on a panel data set of the Japanese corporations, we investigate into the collateral role of the land assets. We estimate the Euler equation of investment decision rule by the GMM when the corporations face borrowing constraints.
Persistent link: https://www.econbiz.de/10005670067
Persistent link: https://www.econbiz.de/10008493416
Persistent link: https://www.econbiz.de/10005486469
Persistent link: https://www.econbiz.de/10005639221
successful takeovers in real capital markets. To solve this paradox, we conducted an experimental study by constructing simple …
Persistent link: https://www.econbiz.de/10005639237
, labor and capital, and the services of an accumulable pure public input (of which an important example is infrastructure …
Persistent link: https://www.econbiz.de/10005639260
object is a producible asset (viz. real capital), new employment is created and extra production is invested in capital …, which generates permanent growth even under decreasing returns to capital. If it is an unproducible asset (viz. money …
Persistent link: https://www.econbiz.de/10005639273