Financing constraints and firm dynamics

How important are financing constraints in explaining the cyclical behaviour of investment. How do they affect the investment responses to macroeconomic shocks. This thesis answers these questions by developing a structural model of investment with financing and irreversibility constraints and by an...

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Bibliographic Details
Main Author: Caggese, Andrea
Published: London School of Economics and Political Science (University of London) 2002
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.396207