Similar Search Results

Capital market imperfections, uncertainty and corporate investment in the Czech Republic

Lensink, Robert; Sterken, Elmer - In: Economics of planning : an international journal … 33 (2000) 1/2, pp. 53-70

Persistent link: https://www.econbiz.de/10001561776

Capital-market imperfections, investment, and the monetary transmission mechanism

Hubbard, R. Glenn; Hagen, Jürgen von - In: Investing today for the world of tomorrow : studies on …, (pp. 165-196). 2001

Persistent link: https://www.econbiz.de/10001584693

Saving-investment behavior in open economies with imperfect financial markets

Liu, Liang-yn - 1990

Persistent link: https://www.econbiz.de/10000847088

Modeling the Effects of Financial Constraints on Firm's Investment

Tomat, Gian Maria - 2011

The paper develops a model of firm´s investment under uncertainty with financial market imperfections and analyzes the … effects of financial constraints on firm´s investment. Firm´s investment is an increasing function of the firm´s marginal q …, however the investment function is characterized by an upper bound that depends on the firm´s borrowing capabilities. The firm …

Persistent link: https://www.econbiz.de/10013132124

Modeling the Effects of Financial Constraints on Firm's Investment

Tomat, Gian Maria - 2011

The paper develops a model of firm's investment under uncertainty with financial market imperfections and analyzes the … effects of financial constraints on firm's investment. Firm's investment is an increasing function of the firm's marginal q …, however the investment function is characterized by an upper bound that depends on the firm's borrowing capabilities. The firm …

Persistent link: https://www.econbiz.de/10013132415

Financial Frictions and the Persistence of History : A Quantitative Exploration

Buera, Francisco J. - 2014

neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …

Persistent link: https://www.econbiz.de/10013069222

Capital Market Imperfection and Corporate Investment : The Nepalese Evidence

Subedi, Kapil Deb - 2014

This study examines the relationship between the corporate investment and liquidity constraints of non-financial sector … of Nepalese enterprises. The study derives a theoretical investment-liquidity constraint model to test the hypothesis … that the investment decisions of more financially constrained firm will be more sensitive to their internal funds as …

Persistent link: https://www.econbiz.de/10013069406

Preface to : Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

Bhaduri, Saumitra N. - 2009

This paper presents a switching regression model of investment decision where the probability of a firm facing … establishes that financially constrained firms exhibit a much higher investment-cash flow sensitivity than those identified to be …

Persistent link: https://www.econbiz.de/10013155456

Investment and Financing in Incomplete Markets

Bejan, Camelia - 2018

I propose a model of production with incomplete financial markets, in which a firm can act as a financial innovator by issuing claims against its stock. In this environment, market value maximization may be against the firm's shareholders' interests. I propose instead a new measure of adjusted...

Persistent link: https://www.econbiz.de/10012910373

Employment Protection Legislation, Capital Investment and Access to Credit : Evidence from Italy

Cingano, Federico - 2014

This paper estimates the causal impact of dismissal costs on capital deepening and productivity exploiting a reform that introduced unjust-dismissal costs in Italy for firms below 15 employees, leaving firing costs unchanged for larger firms. We show that the increase in firing costs induces an...

Persistent link: https://www.econbiz.de/10013048231