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Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation
16 references·13 citing·29 second hop
Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation (1990)Interest Rate Spreads, Credit Constraints…Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression (2024)Nonmonetary Effects of the Fi…Credit Rationing in Markets With Imperfect Information (2007)Credit Rationing in Markets W…Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Debt, Liquidity Constraints, …Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Financial Fragility and Economic Performance (1990)Financial Fragility and Econo…New Indexes of Coincident and Leading Economic Indicators (1989)New Indexes of Coincident and…Consumption and Liquidity Constraints: An Empirical Investigation (1989)Consumption and Liquidity Con…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Taxation and Corporate Investment: A q-Theory Approach (1981)Taxation and Corporate Invest…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Manias, Panics, and Crashes: A History of Financial Crises (1979)Manias, Panics, and Crashes: …Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…Dissecting the financial cycle with dynamic factor models (2017)Dissecting the financial cycl…Interest rate spreads and output: A time scale decomposition analysis using wavelets (2014)Interest rate spreads and out…On Monetary Policy and Stock Market Anomalies (2013)On Monetary Policy and Stock …Dimensions of financial integration in Greater China: money markets, banks and policy effects (2005)Dimensions of financial integ…Firm investment in imperfect capital markets: A structural estimation (2003)Firm investment in imperfect …Bankruptcy Risk and Productive Efficiency in Manufacturing Firms (2003)Bankruptcy Risk and Productiv…Default risks, interest rate spreads, and business cycles: Explaining the interest rate spread as a leading indicator (2002)Default risks, interest rate …More on the credit channel of monetary policy transmission: an international comparison (2000)More on the credit channel of…The effect of bank monitoring on the investment behavior of Spanish firms (1999)The effect of bank monitoring…Is There a Credit Crunch in East Asia? (1998)Is There a Credit Crunch in E…The Risky Spread, Investment, and Monetary Policy Transmission: Evidence on the Role of Asymmetric Information (1996)The Risky Spread, Investment,…Money, Output, and Prices: Evidence From a New Monetary Aggregate (1995)Money, Output, and Prices: Ev…Money, Output, and Prices: Evidence from a New Monetary Aggregate (1995)Money, Output, and Prices: Ev…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)Golden Eggs and Hyperbolic Discounting (1997)The analysis of household surveys (1997)Econometric Analysis of Cross Section and Panel Data (2001)The East Asian Financial Crisis: Diagnosis, Remedies, Prospects (1998)The Adaptive Markets Hypothesis (2004)From Financial Crash to Debt Crisis (2011)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Investor protection and corporate governance (2000)Separation of Ownership and Control (1983)Law and Finance (1998)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1933The Modern Corporation and Private Property7,361 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1979Manias, Panics, and Crashes: A History of Financial Crises2,838 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 1989New Indexes of Coincident and Leading Economic Indicators1,795 cited
  • 2024Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression1,701 cited
  • 1992Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data1,686 cited
  • 2007Credit Rationing in Markets With Imperfect Information1,562 cited
  • 1990

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Financial Fragility and Economic Performance
928 cited
  • 1981Taxation and Corporate Investment: A q-Theory Approach754 cited
  • Cited by

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    • 1995Money, Output, and Prices: Evidence from a New Monetary Aggregate43 cited
    • 2002Default risks, interest rate spreads, and business cycles: Explaining the interest rate spread as a leading indicator37 cited
    • 2013On Monetary Policy and Stock Market Anomalies36 cited
    • 1995Money, Output, and Prices: Evidence From a New Monetary Aggregate35 cited
    • 1999The effect of bank monitoring on the investment behavior of Spanish firms35 cited
    • 2014Interest rate spreads and output: A time scale decomposition analysis using wavelets33 cited
    • 2005Dimensions of financial integration in Greater China: money markets, banks and policy effects29 cited
    • 2017Dissecting the financial cycle with dynamic factor models25 cited
    • 2000More on the credit channel of monetary policy transmission: an international comparison23 cited
    • 1996The Risky Spread, Investment, and Monetary Policy Transmission: Evidence on the Role of Asymmetric Information21 cited
    • 2003Firm investment in imperfect capital markets: A structural estimation21 cited