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...

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Bibliographic details
Main Author: Tori, Daniele
Onaran, Özlem
Format: Publication
Language: English
Place of publication: University of Greenwich Business School 01.01.2017
ORCID: 0000-0002-6345-9922
Data of publication: 2017-01-01
Online Access: available in Bonn?
Database: OpenAIRE
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