Corporate Investment in Emerging Markets : Financing vs. Real Options Channel /
We examine how firm and country heterogeneity shape the response of corporate investment in emerging markets to changes in global interest rates and volatility. We test for the presence of (i) a financing channel originating from changes in the costs of external borrowing and (ii) a real options cha...
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| Daljnji autori: | , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2015/285 |
| Online pristup: | Full text available on IMF |