The purpose of this work is to verify the existence of financial constraints for investment in Brazil, an emerging … market with growing international visibility. Using panel data methodology and GMM, we estimate dynamic investment models …-2006. Our findings show that Brazilian firms face financial constraints since their investment depend on internally generated …

In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the uncertainty effect …