On the interaction of financial frictions and fixed capital adjustment costs: evidence from a panel of German firms

DOI10.1016/j.jedc.2008.02.004zbMath1181.91339OpenAlexW2049922313MaRDI QIDQ2654414

Christian Bayer

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2008.02.004

zbMATH Keywords

investmentimperfect capital marketsnon-convex adjustment costsnon-linear panel cointegration

Mathematics Subject Classification ID

Time series, auto-correlation, regression, etc. in statistics (GARCH) (62M10) Applications of statistics to actuarial sciences and financial mathematics (62P05) Statistical methods; risk measures (91G70)

Cites Work

• Initial conditions and moment restrictions in dynamic panel data models
• Investment and dividends under irreversibility and financial constraints
• Tobin's Marginal q and Average q: A Neoclassical Interpretation
• Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S, s) Approach
• A Theory of Debt Based on the Inalienability of Human Capital
• Fully Modified Least Squares and Vector Autoregression
• On the Nature of Capital Adjustment Costs
• Unnamed Item

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