Investment and Value: A Neoclassical Benchmark

By Janice C. Eberly, Sergio Rebelo, Nicolas Vincent. 2008

166 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/623a8c90effaa89b92f0573a6468cbedc025d507

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Citations in the corpus

How Q and Cash Flow Affect Investment without Frictions: An Analytic Explanation (2011, background): “where the first equality follows from equation (11) and the second equality follows from equations (9) and (10).”
Market Timing, Investment, and Risk Management (2012, unknown): “We rely on the technology parameters estimated by Eberly, Rebelo, and Vincent (2009) for these parameter choices.”
A Unified Theory of Tobin's Q, Corporate Investment, Financing, and Risk Management (2011, background): “Also see Eberly, Rebelo, and Vincent (2008) for empirical evidence in”
Dynamic Agency and the q Theory of Investment (2012, methodology): “The scaled investors value function p (w) solves the ODE (18) for w 2 w ; w , with two sets of free-boundary conditions: one is the boundary conditions (16) and (20) at the payout boundary w , and the other is the boundary conditions (C.”
The Response of Corporate Financing and Investment to Changes in the Supply of Credit (2010, unknown): “…171 125 0.30 0.20 51.89 0.00 0.05 0.25 0.71 0.84 two groups, such as Faulkender and Petersen (2006), as well as other studies investigating the determinants of financing and investment choices (e.g., Titman and Wessels (1988), Rajan and Zingales (1995), and Eberly, Rebelo, and Vincent (2007)).”
The Fiscal Multiplier (2019, unknown): “The strength of this channel depends on the magnitude of the changes in response to spending, and on how that (2)There is a growing literature which incorporates nominal rigidities into incomplete markets models, for example Oh and Reis (2012), Guerrieri and Lorenzoni (2015), Gornemann et al. (2012)”
Growth Opportunities, Technology Shocks, and Asset Prices (2014, unknown): “…in technology affect output only to the extent that they are carried into practice either by net capital formation or by the replacement of old-fashioned equipment by the latest models...” 5 (e.g., Hayashi (1982); Abel (1985); Abel and Eberly (1994, 1996, 1998); Eberly, Rebelo, and Vincent (2008)).”
Policy Risk and the Business Cycle (2014, background): “(2005)-formulation with quadratic adjustment costs in investment changes (Eberly et al., 2008).”