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New or used? Investment with credit constraints
16 references·16 citing·33 second hopsampled
New or used? Investment with credit constraints (2007)New or used? Investment with credit const…Financial Constraints Risk (2006)Financial Constraints RiskEntrepreneurship, Frictions, and Wealth (2006)Entrepreneurship, Frictions, …Financial Constraints and Stock Returns (2001)Financial Constraints and Sto…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Credit Cycles (1997)Credit CyclesCapital-Market Imperfections and Investment (1997)Capital-Market Imperfections …A Cross-Sectional Test of an Investment-Based Asset Pricing Model (1996)A Cross-Sectional Test of an …Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Debt, Liquidity Constraints, …Production-Based Asset Pricing and the Link Between Stock Returns and Economic Fluctuations (1991)Production-Based Asset Pricin…A Theory of Debt Based on the Inalienability of Human Capital (1991)A Theory of Debt Based on the…Recursive Methods in Economic Dynamics (1989)Recursive Methods in Economic…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Incentive-Compatible Debt Contracts: The One-Period Problem (1985)Incentive-Compatible Debt Con…Optimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…Collateral-based monetary policy and corporate employment: Evidence from Medium-term Lending Facility in China (2022)Collateral-based monetary pol…Automation and the displacement of labor by capital: Asset pricing theory and empirical evidence (2022)Automation and the displaceme…Investment, capital stock, and replacement cost of assets when economic depreciation is non-geometric (2021)Investment, capital stock, an…The trade credit channel and monetary policy transmission: Empirical evidence from U.S. panel data (2020)The trade credit channel and …Digital financial capabilities and household entrepreneurship (2020)Digital financial capabilitie…Creditor Rights, Technology Adoption, and Productivity: Plant-Level Evidence (2020)Creditor Rights, Technology A…Financing Durable Assets (2019)Financing Durable AssetsThe Market for Used Capital: Endogenous Irreversibility and Reallocation over the Business Cycle (2018)The Market for Used Capital: …The collateral channel under imperfect debt enforcement (2018)The collateral channel under …Debt Constraints and Employment (2018)Debt Constraints and Employme…Capital Reallocation (2018)Capital ReallocationSurvive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints (2016)Survive Another Day: Using Ch…A Quantitative Analysis of the Used-Car Market (2014)A Quantitative Analysis of th…Vintage Capital and Creditor Protection (2010)Vintage Capital and Creditor …Credit Constraints, Firms' Precautionary Investment, and the Business Cycle (2009)Credit Constraints, Firms' Pr…A theory of factor allocation and plant size (2008)A theory of factor allocation…Moral Hazard and Observability (1979)Theory ahead of business-cycle measurement (1986)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Credit Rationing in Markets with Imperfect Information (1981)Reputation Acquisition in Debt Markets (1989)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)The role of capital in financial institutions (1995)Theory of Value (1959)Essays in the Theory of Risk-Bearing. (1972)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Financial Intermediation and Delegated Monitoring (1984)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Agency costs of free cash flow, corporate finance, and takeovers (1996)Common risk factors in the returns on stocks and bonds (1993)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)Demand for green finance: Resolving financing constraints on green innovation in China (2021)Indivisible labor and the business cycle (1985)Occupational Choice and the Process of Development (1993)The Theory of Incentives: The Principal-Agent Model (2001)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)Financial Intermediation, Loanable Funds, and The Real Sector (1997)
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References

  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1997Credit Cycles5,254 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 2006Financial Constraints Risk3,702 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1989Recursive Methods in Economic Dynamics3,065 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 1992Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data1,686 cited
  • 2001Financial Constraints and Stock Returns1,409 cited
  • 1991Production-Based Asset Pricing and the Link Between Stock Returns and Economic Fluctuations1,125 cited
  • 1991A Theory of Debt Based on the Inalienability of Human Capital1,060 cited
  • 2006Entrepreneurship, Frictions, and Wealth1,029 cited
  • 1996

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A Cross-Sectional Test of an Investment-Based Asset Pricing Model
1,023 cited

Cited by

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  • 2016Survive Another Day: Using Changes in the Composition of Investments to Measure the Cost of Credit Constraints64 cited
  • 2020Digital financial capabilities and household entrepreneurship59 cited
  • 2019Financing Durable Assets58 cited
  • 2020Creditor Rights, Technology Adoption, and Productivity: Plant-Level Evidence54 cited
  • 2018Capital Reallocation38 cited
  • 2022Collateral-based monetary policy and corporate employment: Evidence from Medium-term Lending Facility in China36 cited
  • 2022Automation and the displacement of labor by capital: Asset pricing theory and empirical evidence34 cited
  • 2021Investment, capital stock, and replacement cost of assets when economic depreciation is non-geometric24 cited
  • 2009Credit Constraints, Firms' Precautionary Investment, and the Business Cycle23 cited
  • 2020The trade credit channel and monetary policy transmission: Empirical evidence from U.S. panel data23 cited
  • 2008A theory of factor allocation and plant size20 cited
  • 2018The collateral channel under imperfect debt enforcement14 cited