This paper examines the link between liquidity constraints and investment behaviour on the one hand, and firm size on … have investment functions which are more sensitive to liquidity constraints than do the larger enterprises. These results … finance. Such liquidity constraints are found to exist in Germany only since the mid-1970s, however. Apparently the German …

Economic theory suggests that uninsurable income risk, health risk and the expectation of future borrowing constraints …, the expectation of future borrowing constraints should induce households to keep a higher proportion of their wealth in … proxies for income risk, health risk and borrowing constraints, we find evidence that each of these variables significantly …

with side constraints. An additional, nonnetwork, variable measures the readiness level. This new formulation permits the … by placing the side constraints into the objective function. The resulting nonlinear network program is solved using a … with up to 36,000 arcs and 17,000 nodes with 3,700 side constraints. …