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relationship between investment activity and financial constraints is theoretically ambivalent due to simultaneity, the link … take longer to close capacity gaps. This indicates that financial constraints do indeed play a part in the investment …
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The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...
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method of checking the informational content of the data is developed. The relationship between investment activity and … constraints do indeed play a part in the investment process. Second, small firms close their capacity gaps faster than large firms …
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