rates caused by demographic forces. This insight is obtained in a model in which intangible capital cannot attract external … aggregate output. An increase in the share of intangible capital in production reduces the borrowing capacity and increases the …-intense economy, the ability of firms to purchase intangible capital using retained earnings is impaired by low interest rates …

This paper estimates the long run elasticity of the demand for fixed nonresidential capital (both equipment and … possibility that the capital demand curve is better identified in a small open economy because shocks to capital supply are more … of capital demand …

liability side. The endogenously determined asset portfolio and capital structure interact to support credit extension, as well … joint implementation of a capital and a liquidity regulation …

This paper studies the behavior of producers of capital goods, examining how they set shipments in response to …

standard deviation increase in credit line drawdown is associated with an increase of 9 percent in average capital expenditures …