Search Results - subject:"Financial constraints"

Chatelain, J.-B.; Teurlai, J.-C. - Banque de France - 2001

This paper investigates three pitfalls concerning the test of the Euler equation facing quadratic adjustment costs and perfect capital markets on a large balanced panel data of 4025 french firms. First, the quadratic parameterization of adjustment costs is too restrictive, and power series...

Persistent link: https://www.econbiz.de/10005036200

Risk sharing and firm size: theory and international evidence

Giannetti, Mariassunta - Economics Institute for Research (SIR), … - 2001

firm size. Empirical evidence is also provided. Financial constraints appear more stringent for firms whose optimal size is …, in countries where the financial system is less developed, financial constraints, indeed, appear more stringent for firms … whose optimal size is larger. Keywords: risk sharing, firm size, financial constraints, financial de- velopment JEL …

Persistent link: https://www.econbiz.de/10005649171

Stato del Credito, Effetto Cash-flow ed Instabilità

SAU, Lino - Volkswirtschaftliche Fakultät, … - 2001

market. The financial constraints in credit market an the pro-cyclical mark-up in goods market can account for overlending …

Persistent link: https://www.econbiz.de/10005621623

Investment and Internal Finance: Asymmetric Information or Managerial Discretion?

Degryse, H.; Jong, A. de - Erasmus Research Institute of Management (ERIM), ERIM … - 2001

This paper examines the relation between cash-flow availability and investment spending in the Netherlands. In particular, we are interested whether managerial discretion and/or asymmetric information drive the positive relation between cash-flow and investment spending. This relation is...

Persistent link: https://www.econbiz.de/10005288708

Markets Shares, Financial Constraints, and Pricing Behavior in the Export Market

Gottfries, Nils - 2001

financial constraints affect pricing behavior. …

Persistent link: https://www.econbiz.de/10010321737

Market shares, financial constraints, and pricing behavior in the export market

Gottfries, Nils - 2001 - Final version 2001-10-08

financial constraints affect pricing behavior. …

Persistent link: https://www.econbiz.de/10011587060

Entrepreneurs' gender and financial constraints: Evidence from international data

Muravyev, Alexander; Talavera, Oleksandr; Schäfer, Dorothea - In: Journal of Comparative Economics 37 (2009) 2, pp. 270-286

This paper examines whether financial institutions discriminate against entrepreneurs on the basis of gender. Using the cross-country Business Environment and Enterprise Performance Survey (BEEPS), we find some evidence that, compared to male-managed counterparts, female-managed firms are less...

Persistent link: https://www.econbiz.de/10004973418

Financial Constraints and Firms' Pricing Decisions

Kimura, Takeshi - Bank of Japan - 2009

This paper empirically examines the impact of financial constraints on Japanese firms' pricing behavior. In spite of a … firms whose product brand is not well established in the market cannot lock in customers, and hence financial constraints do …

Persistent link: https://www.econbiz.de/10010907508

A dynamic model of entrepreneurship with borrowing constraints: theory and evidence

Buera, Francisco - In: Annals of Finance 5 (2009) 3, pp. 443-464

Persistent link: https://www.econbiz.de/10004992750

Entrepreneurship in macroeconomics

Quadrini, Vincenzo - In: Annals of Finance 5 (2009) 3, pp. 295-311

Persistent link: https://www.econbiz.de/10004992751