.8 per cent, and profits by 5.7 per cent. Consistent with the financial constraints theory, leverage rose by 6.63 per cent at …

investment relations. Consequently, the degree of leverage among non-financial firms may have implications for macroeconomic …Private investment in advanced economies contracted sharply during the most recent financial crisis. Using firm …-level data from Denmark, this paper argues that the high leverage, which was build up by some firms before the crisis …

investment relations. Consequently, the degree of leverage among non-financial firms may have implications for macroeconomic …Private investment in advanced economies contracted sharply during the most recent financial crisis. Using firm …-level data from Denmark, this paper argues that the high leverage, which was build up by some firms before the crisis …

study examines the timing and type of own-generation investment decisions that are viable for 21 large companies, and the …

transmission of bank distress to the real economy-in particular, to real investment and labor employment by nonfinancial firms. We … supply downsize their real investment and labor employment significantly. This effect islarger for firms that are unable to …

How important are bank loans for corporate investment? A joint research paper by DIW Berlin, University of Hohenheim … their credit supply. As a consequence, firms have to downsize their investment spending and labor employment. This way, bank … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …

transmission of bank distress to the real economy - in particular, to real investment and labor employment by nonfinancial firms … supply downsize their real investment and labor employment significantly. This effect is larger for firms that are unable to …

The paper assesses the role of taxes on investment in Colombian firms. The analysis is carried out at the firm level … the statutory tax rates, tax credits and incentives for corporate investment. The effect of corporate taxation on … investment is estimated by first determining the impact of taxation on the cost of capital by computing the effective marginal …

transmission of bank distress to the real economy—in particular, to real investment and labor employment by nonfinancial firms. We … supply downsize their real investment and labor employment significantly. This effect islarger for firms that are unable to …

How important are bank loans for corporate investment? A joint research paper by DIW Berlin, University of Hohenheim … their credit supply. As a consequence, firms have to downsize their investment spending and labor employment. This way, bank … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …