DESCRIPTION0 - README1 - STATA SINTAXIS to run in Stata and obtain the simulated data and the regressions2 - DATASET The specific random dataset I obtained
The programs replicate tables and figures from "Anatomy of Corporate Borrowing Constraints", by Lian and Ma. Please see the readme file for additional details.
Contradicting Cooper and Haltiwanger (2006), Clementi and Palazzo (2019) report a largely symmetric investment rate distribution in Compustat, with a large fraction of negative investment rates, 18.2%