Chatelain, Jean-Bernard; Teurlai, Jean-Christophe - In: Revue économique 54 (2003) 4, pp. 811-833
This paper analyzes the effect of financial constraints on the investment behaviour of French industrial firms testing Euler equations on various sub-samples over the period 1993-1996. More precisely, we test the model with an increasing cost of borrowing as leverage increases including an...