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Applied Economics Letters Volume 15, 2008 - Issue 8
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Original Articles

Investment, financing constraints and profit expectations: new macro evidenceFootnote1

Gabe de Bondt Capital Markets and Financial Structure Division, European Central Bank, Kaiserstrasse 29, D-60311, Frankfurt am Main, GermanyCorrespondence[email protected]
&
Marie Diron Brevan Howard Asset Management LLP, Almack House, 28 King Street, London, SW1 6XA, UK
Pages 577-581 | Published online: 26 Jun 2008

References

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  • Diron, M., Manzano, M. C. and Westermann, T. (2005) Forecasting aggregate investment in the euro area: do indicators of financial conditions help?, BIS Papers, No. 22
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  • Lettau , M. and Ludvigson , S. 2002 . Time-varying risk premia and the cost of capital: an alternative implication of the Q theory of investment . Journal of Monetary Economics , 49 : 31 – 66 .
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