CORDIS Project
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This project develops a macroeconomic model to analyze how financial development affects investment finance and the capital-labor ratio in European companies. It aims to understand the impact of financial constraints on the efficiency of resource allocation and total productivity across industries.
This project aims to develop a quantitative macroeconomic model to study the effects of financial development on factor allocation and macroeconomic performance.
We pursue to answer how financial development influences the joint determination of investment finance and capital-labour ratio choice for European based companies.
The findings in this project will shed light on the importance of financial constraints for the allocational efficiency of factor inputs across production firms and in turn…
TILBURG UNIVERSITY- UNIVERSITEIT VAN TILBURG
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