Zeros and Lumps in Investment: Empirical Evidence on Irreversibilities and Nonconvexities

By ivind Anti Nilsen, F. Schiantarelli. Review of Economics and Statistics, 2003

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Measuring firms' access to finance (2006, background): “Nilsen and Schiantarelli (2003) and Scarramozino (1997) for some applications].”
Firm Growth: Empirical Analysis (2010, unknown): “Nilsen and Schiantarelli (2003) provide evidence that ﬁxed costs to employment adjustment do not vary with ﬁrm size.”
Employment Changes, the Structure of Adjustment Costs, and Plant Size (2003, background): “Among the most recent papers that analyze the importance of non convexities and irreversibility in generating non smooth investment patterns see Doms and Dunne (1998), Goolsbee and Gross (1997), Barnett and Sakellaris (1998), Abel and Eberly (1999), Cooper, Haltiwanger and Power (1999), Nilsen and ”
Panel Smooth Transition Regression Models (2005, background): “irreversibility of investment, see also Nilsen and Schiantarelli (2003) .”
Corporate Real Estate Holdings and the Cross-Section of Stock Returns (2010, unknown): “…depreciation into account.5 Many factors 3 Goolsbee and Gross (1997), Cummins and Dey (1998), Doms and Dunne (1998), Abel and Eberly (2002), and Nilsen and Schiantarelli (2003) are among the authors who empirically investigate investment dynamics using plant- or firm-level data disaggregated…”