Previous studies argued that low investment-cash flow sensitivities of German firms may be caused by dominance of … panel data approach show that the dependence of investment spending on internal funds does not significantly differ between …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow. …

We study a simple neoclassical model of investment in a developing country, modified to allow for long-term projects … and short-term debt. Early signals indicating low productivity of investment may lead creditors to call loans in early. In …, and thus no need to liquidate capital, investment, the capital-labor ratio, wages and ex post worker utility are all …

result is established in a model with tax advantage to debt and expectations about a forthcoming tax reform. Investment spurt … leaves the long-run investment incentives of an all-equity firm unaffected is shown to cause a substantial short run … investment hike. The findings are illustrated by numerical simulations indicating the magnitudes of the spurt effects. …

Has financial liberalization improved the efficiency with which investment funds are allocated to competing uses? In … of the efficiency of investment allocation that measures whether, and to what extent, investment funds are going to firms … efficiency with which investment funds are allocated. …

institutional investment pools, public finance should aim to promote investment opportunities that can attract funding from these …

This study explores individual and country-level environmental drivers of informal "seed" investment. We examine four …,960 informal investors, we report drivers for the four types of seed investment. Descriptive statistics are consistent with prior …