Aggregate demand models extending IS/LM fixed price framework yield an enhancement mechanism of the traditional monetary transmission mechanism, credit channel, which, according to the credit view, works through the balance sheet channel and the bank lending channel. In this paper I modify the...

This article investigates the significance of revenue management in determining firm-level fixed capital investment when investment opportunities are controlled for by two of the recent empirical fundamentals: profitability shocks and the mandated investment rate. The data set includes US-based...

This article investigates the significance of revenue management in determining firm-level fixed capital investment when investment opportunities are controlled for by two of the recent empirical fundamentals: profitability shocks and the mandated investment rate. The data set includes US-based...

This paper examines the impact of financial constraints on innovation for established firms. We make use of a direct measure of the existence of financial constraints obtained thanks to a specific survey addressed to French established firms. This is a distinctive feature of this paper as most...