also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …

countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …

cut investment, employment, and borrowing. We conclude that financial market fluctuations affect even private firms …

firms to cut investment, employment, and borrowing. We conclude that financial market fluctuations affect even private firms …

, resulted in lower investment, employment, and bank debt for younger and smaller firms. These effects dominate those of banks … aggregate investment and employment, and to a less efficient resource allocation. …

assess the severity of financing constraints, by focusing on firms investment choices. All the papers (but one) were part of … country risk. Moreover, firms that have foreign participation appear to be less financially constrained in their investment …

countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …

banking development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it …