This study analyzes the long-term effects of financialization and financial development on investment and growth by …-run effects of these variables. Estimation results show evidence of cointegration among financial globalization, investment, and … negatively correlated with private investment for fixed capital. Meanwhile, results of the panel vector error-correction model …

We survey recent microeconometric research on investment and employment that has used panel data on individual firms or … theory of the demand for capital and labour, on which most of the econometric models of investment and employment that we … of adjustment, which have played a prominent role especially in the microeconometric literature on investment. With …

We assess the impact of credit constraints on investment, inventories and other working capital and firm growth with a …, as firms with poor investment and growth opportunities may have a higher probability of being credit constrained. We … implement several strategies to overcome this obstacle: proxies for investment opportunities, lagged regressors, random effects …