This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm … investment may be discouraged by high levels of debt that put at risk future profits, as well as firm dimensions that may sharpen … the debt-investment link. Using balance sheet data from a broad set of emerging market and developing economy firms, the …

paper uses a difference-in-difference approach to assess economic impacts of a low-cost registration program in Ethiopia …, land-related investment, and rental market participation and yielded benefits significantly above the cost of …