expensive overdraft and supplier credit are frequently used for investment purposes. Yet alternative financing capital such as …

Standard theories of investment behaviour have concentrated on the neoclassical andTobin?s Q approaches, with most … approaches, are relevant determinants of business fixed investment above those variablesnormally included in traditional … macroeconomic investment functions. The results indicate a widerincidence of these financial effects on investment than the existing …

protection, we should not necessarily expect small firms´ investment to be more sensitive to monetary contractions or negative … aggregate shocks. A simple model of investment with credit constraints shows that for this pattern to occur we need a high … credit conditions, small firms from countries with high creditor protection contract their investment rate more than large …

the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …

My dissertation aims at understanding the financing and investment decisions of firms. It contains two chapters … between the investment decisions of firms and their cost of financing. Recent empirical work using panel data documents that …, while the correlation of investment and Tobin's Q is low, the correlation of investment and credit spreads is high. We …