Showing 1 - 10 of 92
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/10012465562
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/10012462699
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/10012463097
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/10012463325
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
financial stress. The results suggest that macroprudential regulations should broaden their current focus to take into account … exposures to NBFI and dollar funding, with less priority for regulations focused on residency (i.e., capital controls). After …
Persistent link: https://www.econbiz.de/10014287355
The information content of academic citations is subject to debate. This paper views premature death as a tragic "natural experiment," outlining a methodology identifying the "citation death tax" -- the impact of death of productive economists on the patterns of their citations. We rely on a...
Persistent link: https://www.econbiz.de/10012464756
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/10012465420
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/10012469216