Firms in developing countries that seek outside financing for investment must often choose their debt … by appropriate policy measures to improve information on profitable investment opportunities and about firms; to directly …

We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment … macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most … of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic …

institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i …

2395 listed companies in China from 2007 to 2020, we examine the investment efficiency of this ownership practice on … microcorporate investment behavior. The estimates indicate that common institutional ownership has a significant positive … relationship with corporate investment efficiency by reducing overinvestment. Further institutional heterogeneity analysis reveals …

This study analyzes the interactive effects of migrant remittances and financial development on savings-investment gap … remittances reduce savings-investment gap in the long run. The gap is further reduced when the individual effect of financial … higher private sector credit widened the savings-investment gap only in the short-run. The study suggests the need for a …