R. Glenn Hubbard

Capital-Market Imperfections and Investment

Examines the correlation between investments and proxies for changes in net worth or internal funds and the importance of this correlation for firms likely to face information related capital-market imperfections. Developments and challenges in empirical research; Analytical underpinnings of models of capital market imperfections; Model's application to investment activities.

Source: Journal of Economic Literature
Exact Citation:
Hubbard, R. Glenn. "Capital-Market Imperfections and Investment." Journal of Economic Literature 36, no. 1 (March 1998): 193-225.
Volume: 36
Number: 1
Pages: 193-225
Date: 3 1998