Showing 1 - 10 of 87
Persistent link: https://www.econbiz.de/10012245175
We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow …
Persistent link: https://www.econbiz.de/10012776954
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for … funds for financing such investments and they manage their cash flow to ensure this. Evidence shows that there are limits to …
Persistent link: https://www.econbiz.de/10013070796
on the financing of 1157 worldwide private equity deals from 1980 to 2008. Buyout leverage is cross-sectionally unrelated … availability of financing impacts booms and busts in the private equity market, and that agency problems between private equity …
Persistent link: https://www.econbiz.de/10013144159
Results-based financing is a well-established financing modality in the health and education sectors but it is still in … an early stage of deployment in the area of climate change. This report reviews 74 results-based climate financing (RBCF … sector activity and financing. RBCF can thus play a critical role in mobilizing the resources and supporting the policies and …
Persistent link: https://www.econbiz.de/10012247940
to bypass attractive investment opportunities, with 86% of constrained U.S. CFOs saying their investment in attractive … their planned investment. Our results also hold in Europe and Asia, and in many cases are stronger in those economies …
Persistent link: https://www.econbiz.de/10013149992
The information content of academic citations is subject to debate. This paper views premature death as a tragic quot;natural experiment,quot; outlining a methodology identifying the quot;citation death taxquot; -- the impact of death of productive economists on the patterns of their citations....
Persistent link: https://www.econbiz.de/10012772315
employee reports on the quality of labour-management relations and establishment average measures of employee performance 4) a … positive relation between average employee performance and average employee-management relations at the country level, but no … relation between country level performance in the firm and measures of the extent of national labour regulations or practices …
Persistent link: https://www.econbiz.de/10012759954
Nighttime lights data are a measure of economic activity whose error is plausibly independent of the measurement errors of most conventional indicators. Therefore, we can use nighttime lights as an independent benchmark to assess existing measures of economic activity (Pinkovskiy and...
Persistent link: https://www.econbiz.de/10012992665
A substantial literature over the past thirty years has evaluated tradeoffs between money and fatality risks. These values in turn serve as estimates of the value of a statistical life. This article reviews more than 60 studies of mortality risk premiums from ten countries and approximately 40...
Persistent link: https://www.econbiz.de/10013224918