Abstract
Examines the correlation between investments and proxies for changes in net worth or internal funds and the importance of this correlation for firms likely to face information related capital-market imperfections. Developments and challenges in empirical research; Analytical underpinnings of models of capital market imperfections; Model's application to investment activities.
Full Citation
Journal of Economic Literature
vol.
36
,
(March 01, 1998):
193
-225
.