Showing 1 - 10 of 51
investment from 1990 to 1999 through the cost-of-capital and the cash-flow channels. We compare several specifications of neo …
Persistent link: https://www.econbiz.de/10011604152
from 1990 to 1999 on investment through the cost of capital and the cash-flow channels. We compare several specifications …
Persistent link: https://www.econbiz.de/10013134956
investment from 1990 to 1999 through the cost-of-capital and the cash-flow channels. We compare several specifications to neo …
Persistent link: https://www.econbiz.de/10013320262
This paper investigates three pitfalls concerning the test of the Euler equation facing quadratic adjustment costs and perfect capital markets on a large balanced panel data of 4025 french firms. First, the quadratic parameterization of adjustment costs is too restrictive, and power series...
Persistent link: https://www.econbiz.de/10014187805
Persistent link: https://www.econbiz.de/10004978089
This paper analyzes the effect of financial constraints on the investment behaviour of French industrial firms testing …
Persistent link: https://www.econbiz.de/10008578910
face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …
Persistent link: https://www.econbiz.de/10011114166
This paper surveys issues with respect to the structural modelling of econometric tests of investment facing financial … ground much more 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 also limited by the structural …
Persistent link: https://www.econbiz.de/10011506550
This paper surveys issues with respect to the structural modelling of econometric tests of investment facing financial … ground much more 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 also limited by the structural …
Persistent link: https://www.econbiz.de/10013137057
that face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real … effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative fi rms … growth rate of innovations …
Persistent link: https://www.econbiz.de/10013085878