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Investment Bank (EIB). …
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This paper explores the existence and importance of financing constraints for R&D investments in large EU and US manufacturing companies over the 2000-2007 period. The main results obtained by estimating error-correction equations suggest that the sensitivity of R&D investments to cash flow...
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macroeconomic indicators, to provide a better understanding of corporates' investment obstacles. We investigate impediments to … corporate investment across the EU. We use a novel dataset merging firm level data from the European Investment Bank Investment … derived from aggregating qualitative answers on impediments to investment at the country level correlate relatively well with …
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