variety of tests for world financial capital market integration ranging from the correlation of saving and investment …

variety of tests for world financial capital market integration ranging from the correlation of saving and investment …

Over the past decade, a number of researchers have extended conventional models of business fixed investment to … incorporate a role for financial constraints' in determining investment. This paper reviews developments and challenges in this … challenges. First, I describe analytical underpinnings of models of capital-market imperfections in the investment process, and …

accumulation process lead to fluctuations in the real returns from intermediated investment. For this economy, we find that the … output, investment is negatively correlated with output, variations in the capital stock are quite large and interest rates …

The elasticity of investment and R&D investment with respect to cash flow is unambiguously positive in a large panel of …. Other results are that debt is not favored as a form of finance for R&D-intensive firms; leverage ratios and R&D investment …. Finally, the contemporaneous relationship between changes in debt levels and investment which I have previously documented …

We study how investors' preferences for robustness influence corporate investment, financing, and compensation … ambiguity aversion lowers Tobin's q; the average investment, and investment volatility. The entrepreneur values the project at …

neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …

This paper uses a quasi natural experiment to explore how financial education changes savings, investment, and consumer …