Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/11727
Title: No Deep Pockets: Some stylized results on firms' financial constraints
Authors: Silva, Filipe 
Carreira, Carlos 
Keywords: Firms’ financial constraints; Firm-level studies of firms growth
Issue Date: 2009
Publisher: FEUC. Grupo de Estudos Monetários e Financeiros
Citation: Estudos do GEMF. 6 (2009)
Abstract: This paper is a brief survey of recent empirical work on financial constraints faced by firms. It is organized as a series of stylized results which mirror what is generally understood about severity of financial constraints and effects that they have upon firms. This survey shows that (a) the financial constraint is a widespread key concern for firms, hindering their ability to carry out their optimal investment and growth trajectories and (b) the severity of such constraints depends on institutional and firm specific characteristics, as well as on the nature of investment projects
URI: http://hdl.handle.net/10316/11727
Rights: openAccess
Appears in Collections:FEUC- Vários

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