analyze the relationship between investment and internal cash flows. The results indicate that the investment sensitivity to … VC-backed SME investment. The moderation effect of VC ownership reduces the magnitudes of the positive impact of cash … flows and debt as well as the negative effect of growth opportunities on investment in both smaller and larger VC …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generate realistic correlations between investment, q, and cash flow …

companies. I test the joint hypothesis that 1) a decrease in cash/collateral decreases investment, holding fixed the … profitability of investment, and 2) the finance costs of different parts of the same corporation are interdependent. The results … support this joint hypothesis: oil companies significantly reduced their non-oil investment compared to the median industry …

Most macroeconomic forecasters underestimated global investment during the late 1990s. One potential reason was that …-of-sample forecasts largely predicted the global investment boom of the late 1990s. The main factor behind the improved model performance … is the distinction between investment in ICT assets and investment in other assets, using disaggregated investment data …

with an investment function very close to Kalecki's original writings. The effects of interest rate variations on the short … endogenously determined equilibrium values of the model do not only depend on the parameter values in the saving and investment … growth with respect to the specification of the investment function. …