Search Results - subject:"Capital Reallocation"

Risk-adjusted capital allocation and misallocation

David, Joel M.; Schmid, Lukas; Zeke, David - In: Journal of financial economics 145 (2022) 3, pp. 684-705

Persistent link: https://www.econbiz.de/10013475433

Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage

Keuschnigg, Christian; Kogler, Michael - 2018

Trade and innovation cause structural change. Productive factors must flow from declining to growing industries. Banks play a major role in cutting credit to non-viable firms in downsizing sectors and in providing new credit to finance investment in expanding, innovative sectors. Structural...

Persistent link: https://www.econbiz.de/10011957214

Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage

Keuschnigg, Christian; Kogler, Michael - 2018

Trade and innovation cause structural change. Productive factors must flow from declining to growing industries. Banks play a major role in cutting credit to non-viable firms in downsizing sectors and provide new credit to finance investment in expanding, innovative sectors. Structural...

Persistent link: https://www.econbiz.de/10011892076

Trade and credit reallocation : how banks help shape comparative advantage

Keuschnigg, Christian; Kogler, Michael - 2018

Persistent link: https://www.econbiz.de/10011941557

A search-based neoclassical model of capital reallocation

Dong, Feng; Wang, Pengfei; Wen, Yi - 2018 - This version: July, 2018

As a form of investment, the importance of capital reallocation between firms has been increasing over time, with the … quantity of used capital reallocation across rms is procyclical), (ii) the prices of used capital are procyclical and more so … than those of new capital goods, and (iii) the dispersion of firms' TFP or MPK (or the bene t of capital reallocation) is …

Persistent link: https://www.econbiz.de/10011911555

Acquirers and financial constraints : theory and evidence from emerging markets

Mukherjee, Rahul; Proebsting, Christian - In: Journal of international money and finance 117 (2021), pp. 1-23

Persistent link: https://www.econbiz.de/10013284863

Constrained-efficient capital reallocation

Lanteri, Andrea; Rampini, Adriano A. - 2021

Persistent link: https://www.econbiz.de/10012417668

Real responses to anti-tax avoidance : evidence from the UK worldwide debt cap

Bilicka, Katarzyna; Xing, Jing; Qi, Yaxuan - 2021

Persistent link: https://www.econbiz.de/10012503400

Acquirers and financial constraints: Theory and evidence from emerging markets

Mukherjee, Rahul; Proebsting, Christian - 2017

How do financial frictions shape the set of acquirers, how much they acquire, and how long they keep ownership? To address these questions, we develop a tractable model of M&As whereby acquirers and targets emerge endogenously due to differences in liquidity. Financial crises lead to selection...

Persistent link: https://www.econbiz.de/10012049272

Acquirers and financial constraints : theory and evidence from emerging markets

Mukherjee, Rahul; Proebsting, Christian - 2017

Persistent link: https://www.econbiz.de/10011927229