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Investment and Liquidity Constraints
During the last decade exploring the link between financial factors and investment has become a major field of theoretical and empirical publications. Firms in a weak financial position cannot raise capital at conditions that allow financing all profitable investment projects. Some empirical findings indicate that young, fast growing, low dividend paying firms face more liquidity constraints compared to other firms and therefore exhibit stronger reactions in investment to changes of their internal financial flow. If the credit conditions of firms will be influenced through expansionary or rather restrictive monetary conditions the cycle of real activity might be accelerated through these mon...
Journal of the National Cancer Institute
"Summaries of papers" contained in the journal accompany each issue, 19--
Advanced Macroeconomics
Revised topics in this textbook cover immigrants' wages, geography affecting income, cyclical income changes, credit limits and borrowing. Dozens of models help to illustrate numerous disagreements over answers to research questions.
