Firms' financial policy and labour demand : theory and evidence
1998 (English)Report (Other scientific)
We investigate the influence of financial leverage on firms' hiring decisions in the context of a hierarchy of finance model. The analysis is based on the Euler equation of employment in the presence of convex adjustment costs. We show the empirical impli
Place, publisher, year, edition, pages
Uppsala: Department of Economics , 1998.
, Working paper / Department of Economics, Uppsala University, 1998:18
IdentifiersURN: urn:nbn:se:uu:diva-44731OAI: oai:DiVA.org:uu-44731DiVA: diva2:72637