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Do investments in human and physical capital respond differently to financing constraints?

Using a representative sample of European firms, we study whether financing constraints affect employers’ investments in employee training and physical capital differently. We measure financing constraints with an index that combines survey and balance sheet data. We instrument this index with the n...

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Detalles Bibliográficos
Autores principales: Brunello, Giorgio, Gereben, Áron, Rückert, Désirée, Weiss, Christoph, Wruuck, Patricia
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9056112/
https://www.ncbi.nlm.nih.gov/pubmed/35528701
http://dx.doi.org/10.1186/s41937-022-00090-8