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Measuring Firms' Financial Constraints: A Rough Guide

Listed author(s):
  • Filipe Silva

    (GEMF, University of Coimbra, Portugal)

  • Carlos Carreira

    ()

    (GEMF and Faculty of Economics, University of Coimbra, Portugal)

The recent years have been prolific in terms of development of new measures of firms' financial constraints. This paper surveys the main strategies proposed. Additionally, we discuss the key advantages and disadvantages of each measure as well as the data requirements for implementation. Finally, it provides a useful tool for researchers that intend to analyse the impact of constraints on firm behaviour.

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File URL: http://gemf.fe.uc.pt/workingpapers/pdf/2012/gemf_2012-14.pdf
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Paper provided by GEMF, Faculty of Economics, University of Coimbra in its series GEMF Working Papers with number 2012-14.

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Length: 40 pages
Date of creation: Oct 2012
Publication status: Published in Notas Económicas 36: 23-46, 2012.
Handle: RePEc:gmf:wpaper:2012-14
Contact details of provider: Postal:
Av. Dias da Silva 165; 3004-512 Coimbra

Phone: +351239790599
Fax: + 351 239 40 35 11
Web page: http://www.uc.pt/en/feuc/gemf/

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