Itens para a visualização no momento 1-1 of 1

    • Capital budgeting and risk taking under credit constraints 

      Iachan, Felipe Saraiva (Escola de Pós-Graduação em Economia da FGV, 2017-10)
      Credit constraints generate a hedging motive that extends beyond purely financial decisions by also distorting the selection and operation of real investment projects. We study these distortions through a dynamic model in ...