Credit constraints and investment in human capital: Training evidence from transition economies
Tóm tắt
Từ khóa
Tài liệu tham khảo
Acemoglu, 1998, Why do firms train? Theory and evidence, Quart. J. Econ., 113, 78, 10.1162/003355398555531
Acemoglu, 1999, Beyond Becker: training in imperfect labor markets, Econ. J., 109, F112, 10.1111/1468-0297.00405
Acemoglu, 1999, The structure of wages and investment in general training, J. Polit. Econ., 107, 539, 10.1086/250071
Agarwal, 2010, Distance and private information in lending, Rev. Finan. Stud., 23, 2757, 10.1093/rfs/hhq001
Bartel, 1995, Training, wage growth, and job performance: evidence from a company database, J. Labor Econ., 13, 401, 10.1086/298380
Becker, 1962, Investment in human capital: a theoretical analysis, J. Polit. Econ., 70, 9, 10.1086/258724
Beck, 2005, Financial and legal constraints to growth: does firm size matter?, J. Finan, 60, 137, 10.1111/j.1540-6261.2005.00727.x
Bekaert, 2007, Global growth opportunities and market integration, J. Finan., 62, 1081, 10.1111/j.1540-6261.2007.01231.x
Black, 1996, Human-capital investment and productivity, Am. Econ. Rev., 86, 263
Black, 2001, How to compete: the impact of workplace practices and information technology on productivity, Rev. Econ. Stat., 83, 434, 10.1162/00346530152480081
Black, 2002, Entrepreneurship and bank credit availability, J. Finan., 57, 2807, 10.1111/1540-6261.00513
Booth, 2005, Testing some predictions of human capital theory: new training evidence from Britain, Rev. Econ. Stat., 87, 391, 10.1162/0034653053970357
Brown, 2009, Financing innovation and growth: cash flow, external equity, and the 1990s R&D boom, J. Finan., 64, 151, 10.1111/j.1540-6261.2008.01431.x
Brown, 2009, Information sharing and credit: firm-level evidence from transition countries, J. Finan. Intermed., 18, 151, 10.1016/j.jfi.2008.04.002
Cetorelli, 2006, Finance as a barrier to entry: bank competition and industry structure in local US markets., J. Finan., 61, 437, 10.1111/j.1540-6261.2006.00841.x
Clementi, 2006, A theory of financing constraints and firm dynamics, Quart. J. Econ., 121, 229
Cox, 1993, The effect of borrowing constraints on consumer liabilities, J. Money, Credit, Banking, 25, 197, 10.2307/2077836
Degryse, 2005, Distance, lending relationships, and competition, J. Finan., 51, 231, 10.1111/j.1540-6261.2005.00729.x
Duca, 1993, Borrowing constraints, household debt, and racial discrimination in loan markets, J. Finan. Intermed., 3, 77, 10.1006/jfin.1993.1003
Fazzari, 1988, Financing constraints and corporate investment, Brookings Pap. Econ. Act., 88, 141, 10.2307/2534426
Fee, 2009, Investment, financing constraints, and internal capital markets: evidence from the advertising expenditures of multinational firms, Rev. Finan. Stud., 22, 2361, 10.1093/rfs/hhn059
Fisman, 2007, Financial dependence and growth revisited, J. Eur. Econ. Assoc., 5, 470, 10.1162/jeea.2007.5.2-3.470
Gormley, 2010, The impact of foreign bank entry in emerging markets: Evidence from India, J. Finan. Intermed., 19, 26, 10.1016/j.jfi.2009.01.003
Guiso, 2004, Does local financial development matter?, Quart. J. Econ., 119, 929, 10.1162/0033553041502162
Hadlock, 2010, New evidence on measuring financial constraints: moving beyond the KZ index, Rev. Finan. Stud., 23, 1909, 10.1093/rfs/hhq009
Helpman, 2004, Export cersus FDI with heterogeneous firms, Am. Econ. Rev., 94, 300, 10.1257/000282804322970814
Hennessy, 2006, How costly is external financing? Evidence from a structural estimation, J. Finan., 62, 1705, 10.1111/j.1540-6261.2007.01255.x
Idson, 1996, Employer size and labor turnover, Res. Labor Econ., 15, 273
Jappelli, 1990, Who is credit constrained in the US economy?, Quart. J. Econ., 105, 219, 10.2307/2937826
Jimenez, 2012, Credit supply and monetary policy: Identifying the bank balance-sheet channel with loan applications, Am. Econ. Rev., 102, 2301, 10.1257/aer.102.5.2301
Kaplan, 1997, Do investment-cash flow sensitivities provide useful measures of financing constraints?, Quart. J. Econ., 112, 169, 10.1162/003355397555163
Katz, 1990, Investment in general training: the role of information and labor mobility, Econ. J., 100, 1147, 10.2307/2233964
Leuven, 2004, Evaluating the effect of tax deductions on training, J. Labor Econ., 22, 461, 10.1086/381257
Li, 2011, Financial constraints, R&D investment, and stock returns, Rev. Finan. Stud., 24, 2974, 10.1093/rfs/hhr043
Love, 2003, Financial development and financing constraints: international evidence from the structural investment model, Rev. Finan. Stud., 16, 765, 10.1093/rfs/hhg013
Mincer, 1962, On-the-job training: costs, returns, and some implications, J. Polit. Econ., 70, S50, 10.1086/258725
Oi, 1983, Heterogeneous firms and the organization of production, Econ. Inq., 21, 147, 10.1111/j.1465-7295.1983.tb00623.x
Oi, 1999, Firm size and wages, vol. 3, 2165
Petersen, 1995, The effect of credit market competition on lending relationships, Quart. J. Econ., 110, 407, 10.2307/2118445
Petersen, 2002, Does distance still matter? The information revolution in small business lending, J. Finan., 57, 2533, 10.1111/1540-6261.00505
Popov, 2012, Cross-border banking, credit access, and the financial crisis, J. Intern. Econ., 87, 147, 10.1016/j.jinteco.2012.01.008
Rajan, 1998, Financial dependence and growth, Am. Econ. Rev., 88, 559
Rauh, 2006, Investment and financing constraints: evidence from the funding of corporate pension plans, J. Finan., 61, 33, 10.1111/j.1540-6261.2006.00829.x
Stock, 2005, Testing for weak instruments in IV regressions, 80