Internal Finance and Firm Investment
收藏NBER1993-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4392
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资源简介：
We examine the neoclassical investment model using a panel of U.S. manufacturing firms. The standard model with no financing constraints cannot be rejected for firms with high (pre-sample) dividend payouts. However, it is decisively rejected for firms with low (pre-sample) payouts (firms we expect
提供机构：
美国国家经济研究局
创建时间：
1993-06-01
