Add to ORKGWe analyze a sample of manufacturing firms from Germany, France, Italy, Japan, and UK during the period 1997-2011, and find an increasing trend of excess savings (defined as the difference between gross saving and capital formation), and a gradual decline of gross capital formation. This trend is accompanied by a steady deleveraging process and a decrease in the share of operating assets in total assets. This process is more acute among the more credit constrained, the more volatile, and the less dynamic firms
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed s...
This paper shows that in a stylized model with two countries, characterized by different levels of f...
The rate of capital accumulation in the USA has fallen markedly in recent decades. The financializat...
This paper analyzes annual accounting data for a sample of 5,000 publicly traded manufacturing firms...
We document a persistent increase in excess savings (defined as the difference between gross savings...
In this paper, we analyze the determinants of corporate saving in the form of changes in the stock o...
The recent period of capital outflows from emerging economies has coincided with an increase in thei...
We explore the effects of a country's financial structure on its corporate savings and current ...
This thesis investigates the rise of corporate net lending in G7 countries for the period 1990-2015....
The financialisation of non-financial corporations has drawn the attention of many scholars who have...
The ‘financialisation’ of the economy is considered a key phenomenon of our time, but we lack large-...
Abstract In the first large-scale comparative studies of corporate financing patterns of large fi...
Over the past decades financial investment of non-financial businesses has been rising and accumulat...
We analyse corporate balance sheet adjustment episodes in Germany and Japan, as well as a sample of ...
Over the past decades, there has been a change in the pattern of capital accumulation, especially in...
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed s...
This paper shows that in a stylized model with two countries, characterized by different levels of f...
The rate of capital accumulation in the USA has fallen markedly in recent decades. The financializat...
This paper analyzes annual accounting data for a sample of 5,000 publicly traded manufacturing firms...
We document a persistent increase in excess savings (defined as the difference between gross savings...
In this paper, we analyze the determinants of corporate saving in the form of changes in the stock o...
The recent period of capital outflows from emerging economies has coincided with an increase in thei...
We explore the effects of a country's financial structure on its corporate savings and current ...
This thesis investigates the rise of corporate net lending in G7 countries for the period 1990-2015....
The financialisation of non-financial corporations has drawn the attention of many scholars who have...
The ‘financialisation’ of the economy is considered a key phenomenon of our time, but we lack large-...
Abstract In the first large-scale comparative studies of corporate financing patterns of large fi...
Over the past decades financial investment of non-financial businesses has been rising and accumulat...
We analyse corporate balance sheet adjustment episodes in Germany and Japan, as well as a sample of ...
Over the past decades, there has been a change in the pattern of capital accumulation, especially in...
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed s...
This paper shows that in a stylized model with two countries, characterized by different levels of f...
The rate of capital accumulation in the USA has fallen markedly in recent decades. The financializat...