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formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998
This paper is to examine the stock markets role in the capital formation in Pakistan from the period 1st January 2001 to 31st December 2008. This analytical study is based on the data collected from the secondary sources such as State Bank of Pakistan and three stock exchanges; Karachi, Lahore...
Persistent link: https://www.econbiz.de/10011938288
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Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
performance and in particular investment in the euro area, which are both already relatively weak. The impact of this uncertainty … have occurred. It also leads to an increase in the unemployment rate and to a mild decline of consumer prices. Investment … qualitatively and quantitatively similar. The findings highlight the importance to stimulate investment in the euro area and in …
Persistent link: https://www.econbiz.de/10011522293
performance and in particular investment in the euro area, which are both already relatively weak. The impact of this uncertainty … occurred. It also leads to an increase in the unemployment rate and to a mild decline of consumer prices. Investment is … quantitatively similar. The findings highlight the importance to stimulate investment in the euro area and in Germany, and to …
Persistent link: https://www.econbiz.de/10011522316
This paper investigates whether investment spending of firms is sensitive to the availability of internal funds …. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are … not independent. The relation between corporate investment and free cash flow is investigated using the Bond and Meghir …
Persistent link: https://www.econbiz.de/10010377540
Background: Respiratory syncytial virus (RSV) is a common cause of respiratory infection that is highly prevalent in infants. Severe cases of RSV infection require hospitalisation; this is most likely to occur in infant populations at high risk. The study assesses the cost-effectiveness of...
Persistent link: https://www.econbiz.de/10011599769
Persistent link: https://www.econbiz.de/10011695702