constraints in Nigeria by calculating treatment effects using linear and non-linear estimators to account for potential …

practitioners alike to introduce portfolio constraints. The scope of our study is to verify which type of constraint is more …, including classical weight, flexible, norm-based, variance-based, tracking error volatility, and beta constraints. We employed … with annual rebalancing. We observed that the best strategies are those subject to constraints derived from the equal …

sector are constrained by credit. Specifically, we formulate borrowing constraints as a nested function that features both …

-level financial constraints, country-level financial development, and the Paris Agreement. Using a sample of 15,612 firms across 13 … firms with higher financial constraints and in countries with higher levels of financial development. We also find that the …

, we find that low financing costs can lead to over-investment. The welfare loss from cash constraints is more severe for …