[go: up one dir, main page]
create a website
A Vectorautoregressive Investment Model (VIM) and Monetary Policy Transmission: Panel Evidence from German Firms. (2003). von Kalckreuth, Ulf ; Chirinko, Bob ; Breitung, Jörg.
In: Discussion Paper Series 1: Economic Studies.
RePEc:zbw:bubdp1:4201.

Full description at Econpapers || Download paper

Cited: 10

Citations received by this document

Cites: 35

References cited by this document

Cocites: 31

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Firm Investment, Financial Constraints and Monetary Transmission: An Investigation with Czech Firm-Level Data. (2017). Babecká-Kucharčuková, Oxana ; Pasalicova, Renata ; Kucharcukova, Oxana Babecka.
    In: Working Papers.
    RePEc:cnb:wpaper:2017/16.

    Full description at Econpapers || Download paper

  2. Corporate investment decisions under political uncertainty. (2016). Riem, Marina.
    In: ifo Working Paper Series.
    RePEc:ces:ifowps:_221.

    Full description at Econpapers || Download paper

  3. Investment and Growth Dynamics; An Empirical Assessment Applied to Benin. (2008). Samake, Issouf.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2008/120.

    Full description at Econpapers || Download paper

  4. Benin; Selected Issues and Statistical Appendix. (2008). International Monetary Fund, .
    In: IMF Staff Country Reports.
    RePEc:imf:imfscr:2008/084.

    Full description at Econpapers || Download paper

  5. The Interest Rate Channel of Monetary Transmission under Low Inflation in Korea (in Korean). (2007). Kim, Hyun-Euy.
    In: Economic Analysis (Quarterly).
    RePEc:bok:journl:v:13:y:2007:i:1:p:1-56.

    Full description at Econpapers || Download paper

  6. Financial Constraints and Capacity Adjustment: Evidence from a Large Panel of Survey Data. (2006). von Kalckreuth, Ulf.
    In: Economica.
    RePEc:bla:econom:v:73:y:2006:i:292:p:691-724.

    Full description at Econpapers || Download paper

  7. Money Growth and Interest Rates. (2005). Hur, Seok-Kyun.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11102.

    Full description at Econpapers || Download paper

  8. Financial constraints and capacity adjustment in the United Kingdom: evidence from a large panel of survey data. (2005). von Kalckreuth, Ulf ; Murphy, Emma .
    In: Bank of England working papers.
    RePEc:boe:boeewp:260.

    Full description at Econpapers || Download paper

  9. Financial constraints and real activity: a non-structural approach using UK survey data. (2005). VON KALCKREUTH, ULF .
    In: BIS Papers chapters.
    RePEc:bis:bisbpc:22-05.

    Full description at Econpapers || Download paper

  10. Exploring the role of uncertainty for corporate investment decisions in Germany. (2003). von Kalckreuth, Ulf.
    In: Swiss Journal of Economics and Statistics (SJES).
    RePEc:ses:arsjes:2003-ii-3.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Abel, Andrew B., and EJanice E. Eberly, Q Theory without Adjustment Costs and Cash Flow Effects without Finance Constraints, Northwestern and Pennsylvania (February 2002).

  2. Agresti, Anna-Maria, and Benoît Mojon, Some Stylised Facts on the Euro Area Business Cycle, European Central Bank Working Paper No. 95 (December 2001).

  3. Arellano, Manuel, and Stephen Bond, Some Tests of Specifications for Panel Data: Monte Carlo Evidence and an Application to Employment Equations, The Review of Economic Studies 58 (April 1991), 277-298.

  4. Auerbach, Alan J., Taxation, Corporate Financial Policy and the Cost of Capital, Journal of Economic Literature 21 (September 1983), 905-940.

  5. Benito, Andrew and Garry Young, Financial pressure and Balance Sheet Adjustment by UK Firms, Bank of England Working Paper No. 168, October 2002.

  6. Bernanke, Ben S., Mark Gertler, and Simon Gilchrist, The Financial Accelerator in a Quantitative Business Cycle Framework, in John B. Taylor and Michael Woodford (eds.), Handbook of Macroeconomics, Vol. 1 (Amsterdam, New York, etc.: North Holland, 1999), Ch. 21, 1341-1393.

  7. Bernanke, Ben, and Mark Gertler, Financial Fragility and Economic Performance, The Quarterly Journal of Economics 105 (February 1990, 87-114.

  8. Blanchard, Olivier J., Why Does Money Affect Output?: A Survey, in Benjamin Friedman and Frank H. Hahn (eds.), Handbook Of Monetary Economics, Volume 2 (Amsterdam: Elsevier North-Holland, 1990), 779-835.

  9. Chatelain, Jean-Bernard, Structural Modeling of Financial Constraints on Investment: Where Do We Stand?, in Jan Smets, Catherine Fuss, and Paul Butzen (eds.), Firms Investment and Finance Decisions: Theory and Empirical Methodology (Cheltenham: Edward Elgar, forthcoming). Chenells, Lucy, and Rachel Griffith, Taxing Profits in a Changing World (London: The Institute for Fiscal Studies, 1997).

  10. Chirinko, Robert S., Finance Constraints, Liquidity, and Investment Spending: Theoretical Restrictions and International Evidence, Journal of the Japanese and International Economies 11 (June 1997), 185-207.

  11. Chirinko, Robert S., Steven M. Fazzari, and Andrew P. Meyer, How Responsive is Business Capital Formation to its User Cost? An Exploration with Micro Data, Journal of Public Economics 74 (October 1999), 53-80.

  12. Christiano, Lawrence J., Martin Eichenbaum, and Charles L. Evans, Monetary Policy Shocks: What Have We Learned and to What End?, in John B. Taylor and Michael Woodford (eds.), Handbook Of Macroeconomics, Volume 1A (Amsterdam: Elsevier North-Holland), 1999), 65-148.

  13. Coen, Robert M., Tax Policy and Investment Behavior: Comment, American Economic Review 59 (June 1969), 370-379.

  14. Deutsche Bundesbank, The Bundesbanks Method of Assessing the Creditworthiness of Business Enterprises, Monthly Report 50 (January 1999), 51-63.
    Paper not yet in RePEc: Add citation now
  15. Deutsche Bundesbank, The Methodological Basis of the Deutsche Bundesbanks Corporate Balance Sheet Statistics, Monthly Report 49 (October 1998), 49-64.
    Paper not yet in RePEc: Add citation now

  16. Estrella, Arturo, and Jeffrey C. Fuhrer, Are Deep Structural Parameters Stable? The Lucas Critique as an Empirical Hypothesis, The Review of Economics and Statistics (forthcoming). Fazzari, Steven M., R. Glenn Hubbard, and Bruce C. Petersen, Financing Constraints and Corporate Investment, Brookings Papers on Economic Activity 1988:1, 141-195.

  17. Fazzari, Steven M., R. Glenn Hubbard, and Bruce C. Petersen, Investment-Cash Flow Sensitivities Are Useful: A Comment on Kaplan and Zingales, Quarterly Journal of Economics 115 (May 2000), 695-705.

  18. Gomes, Joao F., Financing Investment, American Economic Review 91 (December 2001), 1263-1285.

  19. Hall, Robert E., and Dale W. Jorgenson, Tax Policy and Investment Behavior, American Economic Review 57 (June 1967), 391-414.
    Paper not yet in RePEc: Add citation now

  20. Hansen, Lars Peter, Large Sample Properties of Generalized Method of Moments Estimators, Econometrica 50 (July 1982), 1029-1054.

  21. Harhoff, Dietmar, and Fred Ramb, Investment and Taxation: Evidence from Firm-Level Panel Data, in Deutsche Bundesbank (ed.), Investing Today for the World of Tomorrow: Studies on the Investment Process in Europe (Berlin: Springer-Verlag, 2001), 4773.
    Paper not yet in RePEc: Add citation now
  22. Hayashi, Fumio, Econometrics (Princeton: Princeton University Press, 2000).
    Paper not yet in RePEc: Add citation now

  23. Holtz-Eakin, Douglas, Whitney K. Newey, and Harvey S. Rosen, Estimating Vector Autoregressions with Panel Data, Econometrica 56 (1988), 1371-1395.

  24. Hubbard, R. Glenn, Capital-Market Imperfections and Investment, Journal of Economic Literature 36 (March 1998), 193-225.

  25. Jorgenson, Dale W., Capital Theory and Investment Behaviour, American Economic Review 53 (May 1963), 247-259.
    Paper not yet in RePEc: Add citation now
  26. Jorgenson, Dale W., Rational Distributed Lag Functions, Econometrica 34 (January 1966), 135-149.
    Paper not yet in RePEc: Add citation now

  27. Kaplan, Steven N., and Luigi Zingales, Do Investment-Cash Flow Sensitivities Provide Useful Measures of Finance Constraints?, Quarterly Journal of Economics 112 (February 1997), 169-215.

  28. Kaplan, Steven N., and Luigi Zingales, Investment-Cash Flow Sensitivities Are Not Valid Measures of Financing Constraints, Quarterly Journal of Economics 115 (May 2000), 707-712.

  29. King, Mervyn A., and Don Fullerton (eds.), The Taxation of Income from Capital (Chicago: University of Chicago Press (for the NBER), 1984).
    Paper not yet in RePEc: Add citation now

  30. Mishkin, Frederic S., Symposium on the Monetary Transmission Mechanism, Journal Of Economic Perspectives 9 (Fall 1995), 3-96.

  31. Modigliani, Franco, and Merton H. Miller, The Cost of Capital, Corporation Finance and the Theory of Investment, American Economic Review 48 (June 1958), 261-297.
    Paper not yet in RePEc: Add citation now
  32. OECD, Taxing Profits in a Global Economy. Domestic and International Issues (Paris: OECD, 1991).
    Paper not yet in RePEc: Add citation now
  33. Ramb, Fred, Steuersystem und Investitionstätigkeit. Eine panelökonometrische Untersuchung für Deutschland {Taxation and Investment. A Panel Econometric Investigation for Germany}. In German. (Baden-Baden: Nomos Verlag, forthcoming). Sargan, John D., The Estimation of Economic Relationships Using Instrumental Variables, Econometrica 26 (1958), 393-415.
    Paper not yet in RePEc: Add citation now

  34. Schiantarelli, Fabio, Financial Constraints and Investment: A Critical Review of Methodological Issues and International Evidence, in Joe Peek and Eric S. Rosengren (eds.), Is Bank Lending Important For The Transmission Of Monetary Policy? (Boston: Federal Reserve Bank Of Boston, 1995), 177-214.

  35. Sinn, Hans-Werner, Systeme der Kapitaleinkommensbesteuerung: Ein allokationstheorethischer Vergleich {Systems of Capital Income Taxation. A Comparison with Respect to Allocation), in Dieter Bös et al. (eds.), Beiträge zur neueren Steuertheorie (Berlin, Heidelberg etc.: Springer 1984).
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. INVESTIGATING THE OPTIMAL EXIT TIMING AND LEVERAGE DURING THE COVID-19 CRISIS. (2023). Bellalah, Makram ; ben Abdelhamid, Mohamed.
    In: Studii Financiare (Financial Studies).
    RePEc:vls:finstu:v:27:y:2023:i:1:p:18-38.

    Full description at Econpapers || Download paper

  2. Do Interest Rates Affect Business Investment? Evidence from Australian Company-level Data. (2018). La Cava, Gianni ; Hambur, Jonathan.
    In: RBA Research Discussion Papers.
    RePEc:rba:rbardp:rdp2018-05.

    Full description at Econpapers || Download paper

  3. Financial Frictions, Investment and Tobin’s q. (2013). Walentin, Karl ; Lorenzoni, Guido ; Cao, Dan.
    In: 2013 Meeting Papers.
    RePEc:red:sed013:634.

    Full description at Econpapers || Download paper

  4. The role of non-convex costs in firms investment and financial dynamics. (2013). Bazdresch, Santiago.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:5:p:929-950.

    Full description at Econpapers || Download paper

  5. Duration of new firms: The role of startup financial conditions, industry and aggregate factors. (2012). Voia, Marcel ; Petrunia, Robert ; Huynh, Kim.
    In: Structural Change and Economic Dynamics.
    RePEc:eee:streco:v:23:y:2012:i:4:p:354-362.

    Full description at Econpapers || Download paper

  6. Firm Investment & Credit Constraints in India, 1997 ??? 2006: A stochastic frontier approach. (2011). Kumbhakar, Subal ; Bhaumik, Sumon ; Das, Pranab Kumar.
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:2011-1010.

    Full description at Econpapers || Download paper

  7. Investment–cash flow sensitivities, credit rationing and financing constraints in small and medium-sized firms. (2010). HASAN, IFTEKHAR ; Becchetti, Leonardo ; Castelli, Annalisa.
    In: Small Business Economics.
    RePEc:kap:sbusec:v:35:y:2010:i:4:p:467-497.

    Full description at Econpapers || Download paper

  8. NO DEEP POCKETS: SOME STYLIZED EMPIRICAL RESULTS ON FIRMS FINANCIAL CONSTRAINTS. (2010). Silva, Filipe ; Carreira, Carlos.
    In: Journal of Economic Surveys.
    RePEc:bla:jecsur:v:24:y:2010:i:4:p:731-753.

    Full description at Econpapers || Download paper

  9. No Deep Pockets: Some stylized results on firms financial constraints. (2009). Silva, Filipe ; Carreira, Carlos.
    In: GEMF Working Papers.
    RePEc:gmf:wpaper:2009-06.

    Full description at Econpapers || Download paper

  10. Financing constraints, firm level adjustment of capital and aggregate implications. (2008). von Kalckreuth, Ulf.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:7338.

    Full description at Econpapers || Download paper

  11. Investment and Value: A Neoclassical Benchmark. (2008). Vincent, Nicolas ; Rebelo, Sergio ; Eberly, Janice.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:13866.

    Full description at Econpapers || Download paper

  12. Investment and Value: A Neoclassical Benchmark. (2008). Vincent, Nicolas ; Rebelo, Sergio ; Eberly, Janice.
    In: Cahiers de recherche.
    RePEc:iea:carech:0803.

    Full description at Econpapers || Download paper

  13. Cash flow, investment, and investment opportunities: New tests using UK panel data. (2008). Guariglia, Alessandra ; Carpenter, Robert.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:32:y:2008:i:9:p:1894-1906.

    Full description at Econpapers || Download paper

  14. Investment and Value: A Neoclassical Benchmark. (2008). Vincent, Nicolas ; Rebelo, Sergio ; Eberly, Janice.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6737.

    Full description at Econpapers || Download paper

  15. Financial Frictions, Investment and Tobins q. (2007). Walentin, Karl ; Lorenzoni, Guido.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:13092.

    Full description at Econpapers || Download paper

  16. Financial Frictions, Investment and Tobin’s q. (2007). Walentin, Karl ; Lorenzoni, Guido.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0208.

    Full description at Econpapers || Download paper

  17. Testing Q theory with financing frictions. (2007). Whited, Toni ; Levy, Amnon ; Hennessy, Christopher A..
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:83:y:2007:i:3:p:691-717.

    Full description at Econpapers || Download paper

  18. Testing financing constraints on firm investment using variable capital. (2006). Caggese, Andrea.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1009.

    Full description at Econpapers || Download paper

  19. The effect of financial development on the investment cash flow relationship: cross-country evidence from Europe. (2006). Sivadasan, Jagadeesh ; Becker, Bo.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2006689.

    Full description at Econpapers || Download paper

  20. Returns to equity, investment and Q: evidence from the United Kingdom. (2006). Schleicher, Christoph ; Price, Simon.
    In: Bank of England working papers.
    RePEc:boe:boeewp:310.

    Full description at Econpapers || Download paper

  21. On the Accuracy of Different Measures of q. (2006). Whited, Toni ; Erickson, Timothy .
    In: Financial Management.
    RePEc:bla:finmgt:v:35:y:2006:i:3:p:5-33.

    Full description at Econpapers || Download paper

  22. Limited Attention, Interaction and the Growth of a Firm. (2005). Takii, Katsuya.
    In: Macroeconomics.
    RePEc:wpa:wuwpma:0506005.

    Full description at Econpapers || Download paper

  23. Gestation lags for capital, cash flows, and Tobins Q. (2005). Millar, Jonathan N..
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2005-24.

    Full description at Econpapers || Download paper

  24. RETURNS TO EQUITY, INVESTMENT AND Q: EVIDENCE FROM THE UK. (2005). Schleicher, Christoph ; Price, Simon.
    In: Manchester School.
    RePEc:bla:manchs:v:73:y:2005:i:s1:p:32-57.

    Full description at Econpapers || Download paper

  25. Dividend and Capital Gains Taxation in a Cross-Section of Firms. (2004). Dietz, Martin.
    In: Public Economics.
    RePEc:wpa:wuwppe:0405004.

    Full description at Econpapers || Download paper

  26. A Vectorautoregressive Investment Model (VIM) and Monetary Policy Transmission: Panel Evidence from German Firms. (2003). von Kalckreuth, Ulf ; Chirinko, Bob ; Breitung, Jörg.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:4201.

    Full description at Econpapers || Download paper

  27. What Can We Learn About the Sensitivity of Investment to Stock Prices with a Better Measure of Tobins q?. (2003). Gentry, William ; Mayer, Christopher J..
    In: Department of Economics Working Papers.
    RePEc:wil:wileco:2003-03.

    Full description at Econpapers || Download paper

  28. Ownership structure, board composition and the market for corporate control in the UK: an empirical analysis. (2003). Weir, Charlie ; Laing, David .
    In: Applied Economics.
    RePEc:taf:applec:v:35:y:2003:i:16:p:1747-1759.

    Full description at Econpapers || Download paper

  29. Financial Frictions and Investment: Requiem in Q. (2003). Ejarque, João ; Cooper, Russell.
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:6:y:2003:i:4:p:710-728.

    Full description at Econpapers || Download paper

  30. Structural Modelling of Financial Constraints on Investment: Where Do We Stand?. (2003). Chatelain, Jean-Bernard ; Jean- Bernard Chatelain, .
    In: Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers).
    RePEc:hal:cesptp:halshs-00112522.

    Full description at Econpapers || Download paper

  31. Investment, R&D and Financial Constraints in Britain and Germany. (2003). van Reenen, John ; Harhoff, Dietmar ; Bond, Stephen .
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0595.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-19 09:49:10 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.