We use a panel of 9,381 UK firms over the period 1993-2003 to study the links between firms' financial health and their global engagement status. We estimate error-correction inventory investment equations augmented with financial variables, and interpret the sensitivity of inventory investment...

We use a panel of 9381 UK firms to study the links between firms’ global engagement status and their financial health. We estimate inventory investment equations augmented with a financial composition variable, and interpret the sensitivity of inventory investment to the latter as a measure of...

In this paper, we use a panel of 609 UK firms over the period 1980-2000 to test for the existence of a trade credit channel of transmission of monetary policy, and for whether this channel plays an offsetting effect on the traditional credit channel. We estimate error-correction inventory...