References
- Auerbach, Alan J. (1985), “Real Determinants of Corporate Leverage,” in B.M. Friedman, ed., Corporate Capital Structures in the United States, Chicago, University of Chicago Press.
- Baltagi, Badi H., and Chihwa Kao (2000), “Nonstationary Panels, Cointegration in Panels and Dynamic Panels: A Survey,” in B.H. Baltagi, ed., Advances in Econometrics, Vol. 15: Nonstationary Panels, Panel Cointegration, and Dynamic Panels, New York, Elsevier Science.
- Bivin, David (1994), “Aggregation over Products and the Speed of Adjustment in Inventory Models,” Journal of Macroeconomics 16: 109–128.
- Bruinshoofd, W. Allard, Bert Diederen, and Wilko A. Letterie (2002), “Internal Capital Markets in Dutch Firms,” Kredit und Kapital 35: 437–459.
- Bruinshoofd, W. Allard, and Clemens J.M. Kool (2004), “Dutch Corporate Liquidity Management: New Evidence on Aggregation,” Research Memorandum WO 758/0404, DNB.
- Calomiris, Charles W., Charles P. Himmelberg, and Paul Wachtel (1994), “Commercial Paper, Corporate Finance and the Business Cycle: A Microeconomic Perspective,” Working Paper 4848, Cambridge, MA, NBER.
- Carr, Jack, and Michael R. Darby (1981), “The Role of Money Supply Shocks in the Short-run Demand for Money,” Journal of Monetary Economics 8: 183–199.
- Chirinko, Robert S., and Huntley Schaller (1995), “Why Does Liquidity Matter in Investment Equations?,” Journal of Money, Credit, and Banking 27: 527–548.
- Diamond, Douglas W. (1984), “Financial Intermediation and Delegated Monitoring,” Review of Economic Studies 51: 393–414.
- Diamond, Douglas W. (1991a), “Debt Maturity Structure and Liquidity Risk,” Quarterly Journal of Economics 56: 709–737.
- Diamond, Douglas W. (1991b), “Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt,” Journal of Political Economy 99: 689–721.
- Dittmar, Amy, Jan Mahrt-Smith, and Henri Servaes (2003), “International Corporate Governance and Corporate Liquidity,” Journal of Financial and Quantitative Analysis 38: 111–133.
- Ees, Hans van, Harry Garretsen, Leo de Haan, and Elmer Sterken (1998), “Investment and Debt Constraints: Evidence from Dutch Panel Data,” in S. Brakman, H. van Ees, and S.K. Kuipers, eds., Market Behaviour and Macroeconomic Modelling, London, Macmillan Press.
- Fase, Martin M.G., and Carlo C.A. Winder (1993), “The Demand for Money in the Netherlands and the other EC Countries,” De Economist 141: 471–498.
- Freixas, Xavier, and Jean-Charles Rochet (1997), The Microeconomics of Banking, Cambridge, MA, MIT Press.
- Goldfeld, Stephen M., and Daniel E. Sichel (1990), “The Demand for Money,” in B.M. Friedman and F.H. Hahn, eds., Handbook of Monetary Economics, Vol. 1, Amsterdam, North-Holland.
- Haan, Leo de (1997), Financial Behaviour of the Dutch Corporate Sector, Amsterdam, Thela Thesis.
- Haan, Leo de, and Jeroen Hinloopen (2003), “Preference Hierarchies for Internal Finance, Bank Loans, Bond, and Share Issues: Evidence for Dutch Firms,” Journal of Empirical Finance 10: 661–681.
- Haan, Leo de, Cees G. Koedijk, and J. Erik J. de Vrijer (1994), “Buffer Stock Money and Pecking Order Financing: Results from an Interview Study among Dutch Firms,” De Economist 142: 287–305.
- Harris, Richard D.F., and Elias Tzavalis (1999), “Inference for Unit Roots in Dynamic Panels where the Time Dimension is Fixed,” Journal of Econometrics 91: 201–226.
- Holmström, Bengt, and Jean Tirole (1997), “Financial Intermediation, Loanable Funds, and the Real Sector,” Quarterly Journal of Economics 112: 663–691.
- Holmström, Bengt, and Jean Tirole (1998), “Private and Public Supply of Liquidity,” Journal of Political Economy 106: 1–40.
- Holmström, Bengt, and Jean Tirole (2000), “Liquidity and Risk Management,” Journal of Money, Credit, and Banking 32: 295–319.
- Hubbard, R. Glenn (1998), “Capital-market Imperfections and Investment,” Journal of Economic Literature 36: 198–225.
- Kim, Chang-Soo, David C. Mauer, and Ann E. Sherman (1998), “The Determinants of Corporate Liquidity: Theory and Evidence,” Journal of Financial and Quantitative Analysis 33: 335–359.
- Kuipers, Simon K. and Bert Boertje (1988), “On the Causes of the Rise in the Liquidity Ratio in the Netherlands during the Early Eighties,” De Economist 136: 50–90.
- Macey, Jonathan R., and Geffrey P. Miller (1997), “Universal Banks Are not the Answer to America's Corporate Governance ‘Problem’: A Look at Germany, Japan, and the US,” Journal of Applied Corporate Finance 9: 57–73.
- Myers, Stewart C. (1984), “The Capital Structure Puzzle,” Journal of Finance 39: 575–592.
- Myers, Stewart C., and Nicholas S. Majluf (1984), “Corporate Financing and Investment Decisions when Firms Have Information that Investors do not Have,” Journal of Financial Economics 13: 187–221.
- Myers, Stewart C., and Raghuram G. Rajan (1998), “The Paradox of Liquidity,” Quarterly Journal of Economics 63: 733–771.
- Opler, Tim, Lee Pinkowitz, Rene Stulz, and Rohan Williamson (1999), “The Determinants and Implications of Corporate Cash Holdings,” Journal of Financial Economics 52: 3–46.
- Pinkowitz, Lee, and Rohan Williamson (2001), “Bank Power and Cash Holdings: Evidence from Japan,” Review of Financial Studies 14: 1059–1082.
- Saidenberg, Marc R., and Philip E. Strahan (1999), “Are Banks still Important for Financing Large Businesses?,” Current Issues in Economics and Finance 5, Federal Reserve Bank of New York.
- Seitz, Helmut (1993), “Still More on the Speed of Adjustment in Inventory Models: A Lesson in Aggregation,” Empirical Economics 18: 103–127.
- Shyam-Sunder, Lakshmi., and Stewart C. Myers (1999), “Testing Static Trade off against Pecking Order Models of Capital Structure,” Journal of Financial Economics 51: 219–244.
- Swamy, P.A.V.B., Peter A. Tinsley, and G.R. Moore (1982), “An Autopsy of a Conventional Macroeconomic Relation: The Case of Money Demand,” Special Studies Paper 167, Washington, DC, Federal Reserve Board.