Essays on macroeconomic uncertainty
Recent data shows that more than £440 billion in cash has been piling up in the accounts of UK companies. At the same time, the investment outlays and corporate payouts have reached a 60-year low. What makes firms hold such enormous cash stocks instead of spending them on investment or returning the...
Main Author: | Smietanka, Pawel |
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Published: |
University of Nottingham
2016
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Subjects: | |
Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.703196 |
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