the face value and can we reliably measure it? To what extent is the economic value sensitive to yield curve changes? In … this paper, we try to answer the above questions. The valuation is performed on yield curve, deposit rate and deposit … (yield curve level versus slope shock) and on the average decay rate. We assess the reliability of the reported point …

Previous studies argued that low investment-cash flow sensitivities of German firms may be caused by dominance of … panel data approach show that the dependence of investment spending on internal funds does not significantly differ between …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow. …

-led growth in this paper. The inherent tension between providing sufficient profit incentive to motivate investment by the …

This paper reviews the major finance-related causes of private under-investment in innovation and the consequent …

The paper investigates whether the presence and tenure of Private Equity (PE) investment in European companies improves … performance of a firm that has PE backing is lower than that of a firm without PE backing in the first year of PE investment. Such …