The effects of financialisation and financial development on investment: evidence from firm-level data in Europe
In this paper we estimate the effects of financialization on physical investment in selected western European countries using panel data based on the balance-sheets of publicly listed non-financial companies (NFCs) supplied by Worldscope for the period 1995-2015. We find robust evidence of an advers...
|Place of publication:||
University of Greenwich Business School 01.01.2017
|Data of publication:||2017-01-01|
|Online Access:||available in Bonn?|
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