Timing is all a dynamic view of risk and investment

Glenn Boyle ()

No 375000, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The orthodox 'static' view of investment decisions suggests that financing constraints always reduce current investment. Glenn Boyle argues that a more complex picture emerges when dynamic factors are taken into account.

Date: 2004-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:375000

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