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adjustment costs on investment. …
Persistent link: https://www.econbiz.de/10010750394
This paper presents a comparable set of results on the monetary transmission channels on firm investment (the interest … those countries,investment relationships are estimated explaining investment by its user cost, sales and cash flow.A first … result is that investment is sensitive to user cost changes in all those four countries. Thisimplies an operative interest …
Persistent link: https://www.econbiz.de/10010750630
In this paper we present comparable results on the determinants of firms' investment and their link to monetary policy …
Persistent link: https://www.econbiz.de/10010750645
This paper provides the explicit expression of investment facing a binding debt ceiling and the explicit expression of … of the parameterizations of these Lagrange multipliers used in Euler investment equations tests during the 1990's. …
Persistent link: https://www.econbiz.de/10010750720
This paper surveys issues with respect to the structural modelling of econometric tests of investment facing financial … is to provide conditions which support the interpretation of the sensitivity of investment to liquidity variables such as … cash flow as a measure of financial constraints. The structural modelling of investment facing financial constraints is …
Persistent link: https://www.econbiz.de/10010750831
on cash flow on investment from 1990 to 1999. We compare several specifications of neo-classical demand for capital …
Persistent link: https://www.econbiz.de/10010750869
run contemporaneous elasticities of investment with respect to interest rate through the user cost and through debt …
Persistent link: https://www.econbiz.de/10010738572