| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055290 | Economic Modelling | 2012 | 4 Pages |
Abstract
⺠There is huge literature on financing constraints and investment. ⺠Little has been said on financing constraints and desired capital stock. ⺠We show that desired capital is affected by constraints even when they are slack. ⺠We show that the potentially constrained firm reduces its desired capital stock. ⺠This behavior amplifies the negative effects of financing constraints over time.
Related Topics
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Economics and Econometrics
Authors
E. Saltari, G. Travaglini,