financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and …

financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of economic growth and … method of checking the informational content of the data is developed. The relationship between investment activity and … constraints do indeed play a part in the investment process. Second, small firms close their capacity gaps faster than large firms …

We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …

growth, while we consistently find that they do not underperform in terms of profitability, our study provides no support for …

discontinuous growth can be based on a couple of assumptions:(a) in the short run, the firm's equipment and organization provide the … different locally optimal size. Secondly, when demand is growing, investment are expected to increase just in those firms where … apparent between investment and profitability, controlling for the size of firms …