Modeling the Effects of Financial Constraints on Firm's Investment

The paper develops a model of firm´s investment under uncertainty with financial market imperfections and analyzes the effects of financial constraints on firm´s investment. Firm´s investment is an increasing function of the firm´s marginal q, however the investment function is characterized by an u...

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Bibliographic details
Volume: 2
Main Author: Tomat, Gian Maria
Format: Journal Article
Language: English
Place of publication: Kiel Institute for the World Economy 2008
published in: Economics. The open-access, open-assessment e-journal Vol. 2; no. 9; pp. 1 - 26
Data of publication: 2008
ISSN: 1864-6042
EISSN: 1864-6042
Discipline: Economics
Series: Economics - The Open-Access, Open-Assessment E-Journal
Online Access: Fulltext
Database: RePEc IDEAS
Database information Databases - DBIS