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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...
| Autores principales: | , , , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Springer International Publishing
2022
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| 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 |