Similar Search Results

Credit constraints and investment in Latin America

Galindo Andrade, Arturo José (contributor); … - 2003

Persistent link: https://www.econbiz.de/10002913447

Liquidity, Financial Constraints, Cost of Capital and Investment : Evidence from the Brazilian Crisis

Ermel, Marcelo - 2019

This study seeks to examine the impact of the cash level on fixed investment by Brazilian companies in the crisis of … panel data, it was possible to verify a reduction of investment in all the estimates, and the interaction between the cash …

Persistent link: https://www.econbiz.de/10012893341

Financial Constraints and Corporate Investments During the Current Financial and Economic Crisis : The Credit Crunch and Investment Decisions of Slovenian Firms

Crnigoj, Matjaz - 2017

We investigate the effect of financial constraints on the investment decisions of Slovenian firms during the current …

Persistent link: https://www.econbiz.de/10012970755

Financial Constraints and Corporate Investments During the Current Financial and Economic Crisis : The Credit Crunch and Investment Decisions of Slovenian Firms

Crnigoj, Matjaz - 2017

We investigate the effect of financial constraints on the investment decisions of Slovenian firms during the current …

Persistent link: https://www.econbiz.de/10012974270

Factor adjustments and liquidity management : evidence from Japan's two lost decades and financial crises

Mizobata, Hirokazu; Teruyama, Hiroshi - 2020

Persistent link: https://www.econbiz.de/10012549222

Financial Frictions and the Real Economy

Pietrunti, Mario - 2021

This paper investigates in a non-linear setting the impact on the real economy of frictions stemming from the financial sector. We develop a medium scale DSGE model with a banking sector where an occasionally binding constraint on banks’ capital induces a relevant non-linearity. The model -...

Persistent link: https://www.econbiz.de/10013248861

Earnings-Based Borrowing Constraints & Corporate Investments in 2007-09 Financial Crisis

Kariya, Ankit - 2021

Recent work on the debt composition of non-financial firms finds that most of the large firms' debt is cash flow-based with earnings-based borrowing constraints (EBCs), limiting the maximum debt relative to firms' EBITDA. During the 2007-09 crisis, EBCs tightened in the syndicate loan market....

Persistent link: https://www.econbiz.de/10013212874

Access to capital, investment, and the financial crisis

Kahle, Kathleen M.; Stulz, René M. - In: Journal of financial economics 110 (2013) 2, pp. 280-299

Persistent link: https://www.econbiz.de/10010208681

The effect of debt market imperfection on capital structure and investment : evidence from the 2008 global financial crisis in Japan

Iwaki, Hiromichi - In: The quarterly review of economics and finance : journal … 74 (2019), pp. 251-266

Persistent link: https://www.econbiz.de/10012297302

Securitization and aggregate investment efficiency

Mirza, Afrasiab; Stephens, Eric - 2016

, which enables increased leverage and investment. In the absence of frictions in the securitization process, we show that the … be constrained inefficient due to the existence of a pecuniary externality that can result in over or under-investment …. We examine policies to correct over-investment and find that a leverage ratio restriction generates a Pareto improvement …

Persistent link: https://www.econbiz.de/10012010374