Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10003971362
Persistent link: https://www.econbiz.de/10009491772
Persistent link: https://www.econbiz.de/10009706494
Persistent link: https://www.econbiz.de/10009675547
Persistent link: https://www.econbiz.de/10010497155
Persistent link: https://www.econbiz.de/10011526267
We study the effects of a unique lending program initiated by the Swedish government at the height of the financial crisis that allowed firms to suspend payment of all labor-related taxes and fees. Comprehensive administrative data on all Swedish firms show that firms borrowing from the program...
Persistent link: https://www.econbiz.de/10011300345
We examine the intersection between corporate divestitures of tangible assets and investment in intangible capital (R&D) to provide new tests for the impact financing constraints have on real activity. A positive R&D sensitivity to asset sale proceeds indicates binding financing constraints...
Persistent link: https://www.econbiz.de/10013077618
We explore the importance of new public firms and public equity finance for R&D and creative destruction in the U.S. high-tech sector. Between 1970 and 2004 over 1900 new public firms enter a small number of high-tech industries, substantially altering the focus of U.S. manufacturing and...
Persistent link: https://www.econbiz.de/10013069085
We study how firms engaged in both R&D and fixed investment manage liquidity and adjust real investment during the recent financial crisis. Among firms with positive R&D expenditures, cuts to fixed investment in the crisis are typically far more severe than cuts to R&D. These firms allocate cash...
Persistent link: https://www.econbiz.de/10013051003