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Investment smoothing with working capital: new evidence on the impact of financial constraints

Author

Listed:
  • Steven Fazzari
  • Bruce C. Petersen

Abstract

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Suggested Citation

  • Steven Fazzari & Bruce C. Petersen, 1990. "Investment smoothing with working capital: new evidence on the impact of financial constraints," Working Paper Series, Macroeconomic Issues 90-18, Federal Reserve Bank of Chicago.
    • Handle: RePEc:fip:fedhma:90-18
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    Cited by:

    1. Greenberg, Edward & Parks, Robert P, 1997. "A Predictive Approach to Model Selection and Multicollinearity," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 12(1), pages 67-75, Jan.-Feb..
    2. Charles W. Calomiris & R. Glenn Hubbard, 1993. "Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-1937," NBER Working Papers 4288, National Bureau of Economic Research, Inc.
    3. Robert E. Carpenter, 1994. "Finance Constraints or Free Cash Flow? The Impact of Asymmetric Information on Investment," Finance 9401001, University Library of Munich, Germany.

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    Keywords

    Capital market;

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