This paper analyses how financial and labor market imperfections jointly influence investment. The contemporaneous presence of imperfections gives rise to a negative correlation between EPL and investment. Our results support the policies promoted by European institutions to reform both markets. (C) 2008 Elsevier B.V. All rights reserved.

Financial and labor market imperfections and investment / Giorgio, Calcagnini; Germana, Giombini; Saltari, Enrico. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - 102:1(2009), pp. 22-26. [10.1016/j.econlet.2008.10.005]

Financial and labor market imperfections and investment

SALTARI, ENRICO
2009

Abstract

This paper analyses how financial and labor market imperfections jointly influence investment. The contemporaneous presence of imperfections gives rise to a negative correlation between EPL and investment. Our results support the policies promoted by European institutions to reform both markets. (C) 2008 Elsevier B.V. All rights reserved.
financing constraints; investment models; labor protection legislation; panel data models
01 Pubblicazione su rivista::01a Articolo in rivista
Financial and labor market imperfections and investment / Giorgio, Calcagnini; Germana, Giombini; Saltari, Enrico. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - 102:1(2009), pp. 22-26. [10.1016/j.econlet.2008.10.005]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/86204
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