Artículo de revista

Artículo de revista ; According to the analysis conducted in this article, based on individual firms’ balance sheet information, Spanish corporate investment tended to pick up from 2014 and to do so with greater intensity at SMEs than at large corporations, after having contracted more...

Artículo de revista

En este documento investigamos las características empresariales que están asociadas con la inversión en activos fijos tangibles e intangibles, prestando especial atención al caso de la I+D, y las fuentes de financiación que se utilizan en cada tipo de inversión. Respecto a las...

Artículo de revista ; Over the past decade, the volume of leveraged loans has grown to reach its highest level since the end of the crisis. Growth has been more contained in Spain, which accounted for 5% of the total volume of such lending in Europe in the period 2016-2018. The terms and...

Recientemente varios estudios han demostrado que la incertidumbre afecta a las decisiones de inversion. En concreto, para Estados Unidos se observa que la incertidumbre acerca de la demanda y/o acerca de los precios reduce la inversion empresarial. En este trabajo se investiga si esto es tambien...

This paper analyses corporate investment decisions in France and Spain, focusing on the role of financial constraints in explaining investment behaviour. For this purpose, we take advantage of very carefully harmonised data sets that allow for the use of variables homogeneously defined in both...

Incluye bibliografía ; This paper analyses the impact that firms' financial position has on investment decisions using panel data from a large sample of non-financial corporations (around 120,000 firms) in six euro area countries (Belgium, Germany, France, Italy, the Netherlands and Spain). The...