Journal Article10.1080/01603477.1999.11490208
Debt Service, Financing Constraints, and Fixed Investment: Evidence from Panel Data
112
TL;DR: In this article, Debt Service, Financing Constraints, and Fixed Investment: Evidence from Panel Data, the authors present a discussion of the relationship between debt service, finance constraints, and fixed investment.
read more
Abstract: (1999). Debt Service, Financing Constraints, and Fixed Investment: Evidence from Panel Data. Journal of Post Keynesian Economics: Vol. 21, No. 3, pp. 455-478.
read more
Chat with Paper
AI Agents for this Paper
Find similar papers on Google Scholar, PubMed and Arxiv
Write a critical review of this paper
Analyze citations of this paper to find unaddressed research gaps
Citations
Financialization and Portuguese real investment: a supportive or disruptive relationship?
Ricardo Barradas,Sérgio Lagoa +1 more
TL;DR: In this paper, the authors make an empirical analysis of the relationship between financialization and real investment by Portuguese non-financial corporations from 1979 to 2013, and find evidence that the process of financialization has hampered real investment largely as a result of financial payments.
Consumer and Corporate Debt: A Neo-Kaleckian Synthesis
Alan G. Isaac,Yun K. Kim +1 more
TL;DR: In this paper, the authors present a macroeconomic model with both consumer and corporate debt and show that looser consumer credit conditions have a steady state growth effect and can enhance system stability.
A Keynesian Perspective on ‘Financialisation’
Eckhard Hein
- 01 Jan 2010
TL;DR: In this article, the authors identify theoretically and empirically the main channels of influence of financialisation on investment, saving and distribution in order to obtain a precise macroeconomic meaning of "financialisation" in a distribution and growth context.
38
Kaleckian Models of Growth in a Stock-Flow Monetary Framework: A Neo-Kaldorian Model
Marc Lavoie,Wynne Godley +1 more
TL;DR: In this article, a simple growth model grounded in a stock-flow monetary accounting framework is presented, which ensures that all stocks and flows are accounted for and that the real and financial sides of the economy are coherent with one another.
A DYNAMIC ANALYSIS OF DEBT-LED AND DEBT-BURDENED GROWTH REGIMES WITH MINSKIAN FINANCIAL STRUCTURE: Finance Growth with Minskian Financial Structure
TL;DR: In this article, the authors formally derive a version of the Minskian taxonomy of the firms' financial structure (hedge, speculative and Ponzi types), under the economic growth context in the long run.
33
References
Theory of the firm: Managerial behavior, agency costs and ownership structure
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
61.3K
•Journal Article
The Cost of Capital, Corporation Finance and the Theory of Investment
TL;DR: In this article, the effect of financial structure on market valuations has been investigated and a theory of investment of the firm under conditions of uncertainty has been developed for the cost-of-capital problem.
Corporate financing and investment decisions when firms have information that investors do not have
TL;DR: In this paper, a firm that must issue common stock to raise cash to undertake a valuable investment opportunity is considered, and an equilibrium model of the issue-invest decision is developed under these assumptions.
17.6K