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"This paper finds that, concurrent with the rapid growing index investment in commodities markets since early 2000s …
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access to additional financing. Overall, the results suggest that the bundle of inputs that angel investors provide have a …
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It is well understood that investment serves as a shock absorber at the time of crisis. The duration of the drag on … investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 … markedly as public and private sectors look inward when external financing becomes prohibitively costly, altogether impossible …
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that have positive cost of capital shocks and larger financing needs. We also find that firms respond with additional …
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Scholars engage in extensive debate about the role of families and corporations in economic growth. Some propose that personal ties provide a mechanism for overcoming such transactions costs as asymmetrical information, while others regard familial connections as conduits for inefficiency, with...
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