The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …

The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …

In this paper we describe a theoretical model of optimal investment of various types of financially constrained firms …. We show that the resulting relationship between internal funds and investment is non-monotonic. In particular, the … magnitude of the cash flow sensitivity of the investment is lower for firms with credit rationing compared to firms that are …

explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds …

explore the relationship between asset growth, investment, and cash flow and find that firms use all available internal funds …

financing and buyouts by private equity investors on investment of portfolio firms in the UK and France - two countries with … higher investment levels and a lower dependence on internal funds after expansion financing. Buyouts financed by venture … capital companies are neither associated with a decrease in investment spending nor with an increase in the dependence on …

financing and buyouts by private equity investors on investment of portfolio firms in the UK and France – two countries with … higher investment levels and a lower dependence on internal funds after expansion financing. Buyouts financed by venture … capital companies are neither associated with a decrease in investment spending nor with an increase in the dependence on …

Investment of French firms remained weak in the first part of the 90's, after allowing for the sluggish economic growth … fluctuations. We first describe the evolution of investment using a large panel of French firms, distinguishing the size and the … industry. We afterwards estimate an investment equation which enables us to check whether these firms were subject to financial …

In this paper I ask whether a model of ¯rm capital accumulation with entry and exit calibrated to match the investment …