Zobrazeno 1 - 10
of 714
pro vyhledávání: '"jel:D92"'
Publikováno v:
The Review of Economic Studies. 88:126-161
What is the aggregate and distributional impact of microfinance? To answer this question, we develop a quantitative macroeconomic framework of entrepreneurship and financial frictions in which microfinance is modelled as guaranteed small-size loans.
Publikováno v:
Economic Theory
Economic Theory, 2017, 687-721 p
Economics Working Paper Series, 14/203
Economic Theory, 2017, 687-721 p
Economics Working Paper Series, 14/203
The paper proves the existence of equilibrium in nonrenewable resource markets when extraction costs are non-convex and resource storage is possible. Inventories flatten the consumption path and eliminate price jumps at the end of the extraction peri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::93190bd57f64a89441d387346fa27b0c
https://ora.ox.ac.uk/objects/uuid:eff25a33-dc80-4bf9-a850-44005f6afeb0
https://ora.ox.ac.uk/objects/uuid:eff25a33-dc80-4bf9-a850-44005f6afeb0
Publikováno v:
Working Paper. Durham University, Durham.
We use a panel of over 116,000 Chinese firms of different ownership types over the period 2000–2007 to analyze the linkages between investment in fixed and working capital and financing constraints. We find that those firms characterized by high wo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e5b97df464cbdeccf9805669f389ffa2
https://ora.ox.ac.uk/objects/uuid:97acde2c-d681-4bd9-b843-962b62556083
https://ora.ox.ac.uk/objects/uuid:97acde2c-d681-4bd9-b843-962b62556083
Publikováno v:
Review of Finance. 22:243-277
This paper analyzes the decision of firms to sell assets to fund investments (financing asset sales). For a sample of U.S. manufacturing firms during the 1971-2010 period, we document new stylized facts about financing asset sales that cannot be expl
Autor:
Manzur Quader, Karl Taylor
Publikováno v:
The European Journal of Finance. 24:439-457
Using a panel of 1122 UK firms listed on the London Stock Exchange over the period of 1981 to 2009, endogenous switching regression models (SRM) incorporating a predicted corporate efficiency index are estimated in this paper in an effort to clarify
Autor:
Grega Smrkolj, Florian Wagener
Publikováno v:
International Journal of Industrial Organization, 65, 82-120. Elsevier
We study a stochastic dynamic game of process innovation in which firms can initiate and terminate R&D efforts and production at different times. We discern the impact of knowledge spillovers on the investments in existing markets, as well as on the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8e7cef14714928350c31d0404a5eb790
https://dare.uva.nl/personal/pure/en/publications/research-among-copycats-rd-spillovers-and-feedback-strategies(7c7d4525-8ff6-40b3-b090-232229c0a28c).html
https://dare.uva.nl/personal/pure/en/publications/research-among-copycats-rd-spillovers-and-feedback-strategies(7c7d4525-8ff6-40b3-b090-232229c0a28c).html
Autor:
Franz Fuerst, Chihiro Shimizu
Publikováno v:
Journal of the Japanese and International Economies. 39:108-122
First version: 28th May, 2014, This version: 28th August, 2014
This paper aims to extend the existing evidence on the investment value of green buildings to international markets, specifically the residential market in Japan. Using a unique tran
This paper aims to extend the existing evidence on the investment value of green buildings to international markets, specifically the residential market in Japan. Using a unique tran
Autor:
Gerard A. Pfann, Boris F. Blumberg
Publikováno v:
Entrepreneurship Theory and Practice, 40(2), 335-357. Wiley-Blackwell
This paper studies the event history of business foundation. Three theoretical concepts of human, financial and social capital are linked to investigate variations over time of people's decision processes to become self-employed. Data from a cohort o
Publikováno v:
The Review of Economic Studies. 83:1364-1405
In U.S. data 1981–2012, unsecured firm credit moves procyclically and tends to lead GDP, while secured firm credit is acyclical; similarly, shocks to unsecured firm credit explain a far larger fraction of output fluctuations than shocks to secured
We test whether adverse changes to banks' market valuations during the financial and sovereign debt crises, and the associated increase in banks' cost of funding, affected firms' real decisions. Using new data linking over 3,000 non-financial Italian
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::587386b3fa80f0a6cc3996941975342c
http://hdl.handle.net/11573/1351633
http://hdl.handle.net/11573/1351633