Showing 1 - 10 of 8,815
We provide new evidence on how monetary policy affects investment and firm finance in the United States and the United … conditioning on size, asset growth, Tobin's Q, leverage or liquidity – and drive the response of aggregate investment. Older … and financial frictions in amplifying the effects of monetary policy on investment …
Persistent link: https://www.econbiz.de/10012889726
This article contrasts the experiences of the United States and United Kingdom during and after the Great Recession to understand the role of financial shocks in the magnitude of the crises and length of the recoveries. It starts from the common consensus that the Great Recession first and...
Persistent link: https://www.econbiz.de/10014263358
This study assesses the impact of the uncertainty caused by Brexit, on both the UK and international financial markets, for the first and second statistical moments (i.e. on changes and the standard deviations of the respective variables.) As financial markets are by nature highly interlinked,...
Persistent link: https://www.econbiz.de/10011570794
This study assesses the impact of Brexit uncertainty on the UK and also on international financial markets, for the first and the second statistical moments. As financial markets are highly linked in general and several countries apart from the UK might be negatively affected, one may expect...
Persistent link: https://www.econbiz.de/10011582007
Are financial cycles an international phenomenon, and, if so, how do financial cycles interact? This letter provides new evidence for the US and the UK. Considering the properties of the data in both the time and the frequency domains, we find a strong relation between the financial cycles of...
Persistent link: https://www.econbiz.de/10010529345
Regaining emergency cash control, unused borrowing capacity, using float, credit meltdown, cash survival, mining cash in inventory, Superdisk: what went wrong, regaining credit, deflating work in process balloon, forecasting during turnaround, implementing turnaround and marketing budget,...
Persistent link: https://www.econbiz.de/10013003221
This paper reviews the evidence on financing technology-based small firms (TBSFs) in Europe. The main findings in the literature are the 1) European TBSF's finance new investments by relying primarily on internal funds, due to capital market failures induced by asymmetric information; 2)...
Persistent link: https://www.econbiz.de/10008729547
Persistent link: https://www.econbiz.de/10009552008
interest rate on distribution and investment within different regimes of accumulation, the „golden age“- and the „post …
Persistent link: https://www.econbiz.de/10003958507
We use new firm-level estimates of the cost of capital and uncertainty to study the drivers of UK business investment … in a neoclassical investment model. We construct firm-specific measures of the cost of capital and uncertainty and use … new UK survey data to estimate firm-specific investment hurdle rates. There is substantial variation in the cost of …
Persistent link: https://www.econbiz.de/10012925685