E44 - Financial Markets and the Macroeconomy - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:26:30+00:00Financial Market Imperfection, Overinvestment, and Speculative Precaution
https://www.bankofcanada.ca/2004/07/working-paper-2004-27/
The author uses panel data to assess the sensitivity of investment to cash flow in non-financial firms, taking into account the role their financial health plays in investment decisions.2004-07-01T11:36:41+00:00enFinancial Market Imperfection, Overinvestment, and Speculative Precaution2004-07-01Business fluctuations and cyclesWorking Paper 2004-27 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-27.pdfFinancial Market Imperfection, Overinvestment, and Speculative PrecautionChristian CalmèsJuly 2004DD9D92EE2E22E4E44GG3G33