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, and if it faces a volatile environment, investments into general, non-relationship-specific, capital can increase the …
Persistent link: https://www.econbiz.de/10011895831
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …
Persistent link: https://www.econbiz.de/10011621855
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their credit rating and second, restrictions from the supply side are identified via the firm’s main banks capital reserves …
Persistent link: https://www.econbiz.de/10012793582
terms of bank capital. Results of difference-in-differences estimations utilizing three time periods: 2002-2006 (pre …
Persistent link: https://www.econbiz.de/10012196342
Persistent link: https://www.econbiz.de/10000647702
We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...
Persistent link: https://www.econbiz.de/10012230708
We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...
Persistent link: https://www.econbiz.de/10011938062
Persistent link: https://www.econbiz.de/10003356515
Persistent link: https://www.econbiz.de/10011438949