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The impact of financial variables on firms’ real decisions: Evidence from Spanish firm-level data
15 references·8 citing·26 second hop
The impact of financial variables on firms’ real decisions: Evidence from Spanish firm-level data (2007)The impact of financial variables on firm…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Financial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data (2003)Financial Factors and Investm…Business fixed investment: evidence of a financial accelerator in Europe (2002)Business fixed investment: ev…Investment, R&D and financial constraints in Britain and Germany (1999)Investment, R&D and financial…How does financial pressure affect firms? (1999)How does financial pressure a…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…The macroeconomic impact of flexible labor contracts, with an application to Spain (1992)The macroeconomic impact of f…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Employment Determination in British Industry: Investigations Using Micro- Data (1991)Employment Determination in B…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Heterogeneous effects of credit constraints on SMEs’ employment: Evidence from the European sovereign debt crisis (2019)Heterogeneous effects of cred…Financial constraints on investment: Effects of firm size and the financial crisis (2018)Financial constraints on inve…Do Credit Constraints Affect SME Investment and Employment? (2014)Do Credit Constraints Affect …Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences (2013)Corporate Balance Sheet Adjus…Joint analysis of the non-linear debt–growth nexus and cash-flow sensitivity: New evidence from Italy (2012)Joint analysis of the non-lin…Business Cycles and Investment in Intangibles: Evidence from Spanish Firms (2012)Business Cycles and Investmen…The Interaction between House Prices and Loans for House Purchase: The Spanish Case (2006)The Interaction between House…The Role of Global Risk Aversion in Explaining Latin American Sovereign Spreads (2005)The Role of Global Risk Avers…Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Biases in Dynamic Models with Fixed Effects (1981)A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Financial constraints in China: Firm-level evidence (2010)Financial development and energy consumption in Central and Eastern European frontier economies (2010)Estimating dynamic panel models in corporate finance (2012)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
this work references cited by second hop

References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1995Another look at the instrumental variable estimation of error-components models19,861 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 2003Financial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data532 cited
  • 1999How does financial pressure affect firms?320 cited
  • 1992The macroeconomic impact of flexible labor contracts, with an application to Spain249 cited
  • 1999Investment, R&D and financial constraints in Britain and Germany233 cited
  • 2002Business fixed investment: evidence of a financial accelerator in Europe149 cited

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1991
Employment Determination in British Industry: Investigations Using Micro- Data
142 cited

Cited by

  • 2006The Interaction between House Prices and Loans for House Purchase: The Spanish Case72 cited
  • 2012Business Cycles and Investment in Intangibles: Evidence from Spanish Firms68 cited
  • 2018Financial constraints on investment: Effects of firm size and the financial crisis47 cited
  • 2005The Role of Global Risk Aversion in Explaining Latin American Sovereign Spreads47 cited
  • 2019Heterogeneous effects of credit constraints on SMEs’ employment: Evidence from the European sovereign debt crisis39 cited
  • 2014Do Credit Constraints Affect SME Investment and Employment?26 cited
  • 2013Corporate Balance Sheet Adjustment: Stylized Facts, Causes and Consequences18 cited
  • 2012Joint analysis of the non-linear debt–growth nexus and cash-flow sensitivity: New evidence from Italy18 cited