Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
  • 1
    Online Resource
    Online Resource
    Washington, D.C. : World Bank Group, Transport and Digital Development Practice
    UID:
    gbv_1026812585
    Format: 1 Online-Ressource (circa 40 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8436
    Content: This paper presents a simple model with financial frictions where inflation increases the cost faced by firms holding liquid assets to hedge risky production against expenditure shocks. Inflation tilts firms' technology choice away from innovative activities and toward safer but return-dominated ones, and therefore reduces long-run growth. The theory makes specific predictions about how the severity of this adverse effect depends on industry characteristics. These predictions are tested with novel harmonized firm-level data from 139 developing countries, overcoming small sample problems constraining previous work. The analysis finds that inflation affects the composition but not the overall quantity of investment. A one percentage point increase in inflation reduces the establishment-level probability of innovation by 4.3 percent but does not affect total investment. Moreover, innovating firms display a stronger dependence on liquid assets, which, in turn, are negatively related to inflation. Generalized difference-in-differences estimations corroborate the sector-specific predictions of the theoretical model
    Additional Edition: Erscheint auch als Druck-Ausgabe Evers, Michael Inflation, Liquidity and Innovation Washington, D.C : The World Bank, 2018
    Language: English
    Keywords: Graue Literatur
    URL: Volltext  (Deutschlandweit zugänglich)
    Author information: Niemann, Stefan 1976-
    Author information: Evers, Michael P. 1964-
    Author information: Schiffbauer, Marc 1978-
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 2
    UID:
    b3kat_BV010981374
    Format: IV, 152 Bl. , Ill., graph. Darst.
    Edition: [Mikrofiche-Ausg.]
    Note: Bielefeld,, Univ., Diss., 1996. - Mikrofiche-Ausg.: 1 Mikrofiche : 24x , Bielefeld, Univ., Diss., 1996
    Language: German
    Keywords: Rhizobium meliloti ; Protein recA ; Mutante ; Sicherheitswirtsstamm ; Rhizobium meliloti ; Pseudomonas fluorescens ; Containment ; Ökosystem ; Modell ; Hochschulschrift
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 3
    UID:
    b3kat_BV048273945
    Format: 1 Online-Ressource (40 Seiten)
    Series Statement: World Bank E-Library Archive
    Content: This paper presents a simple model with financial frictions where inflation increases the cost faced by firms holding liquid assets to hedge risky production against expenditure shocks. Inflation tilts firms' technology choice away from innovative activities and toward safer but return-dominated ones, and therefore reduces long-run growth. The theory makes specific predictions about how the severity of this adverse effect depends on industry characteristics. These predictions are tested with novel harmonized firm-level data from 139 developing countries, overcoming small sample problems constraining previous work. The analysis finds that inflation affects the composition but not the overall quantity of investment. A one percentage point increase in inflation reduces the establishment-level probability of innovation by 4.3 percent but does not affect total investment. Moreover, innovating firms display a stronger dependence on liquid assets, which, in turn, are negatively related to inflation. Generalized difference-in-differences estimations corroborate the sector-specific predictions of the theoretical model
    Additional Edition: Erscheint auch als Druck-Ausgabe Evers, Michael Inflation, Liquidity and Innovation Washington, D.C : The World Bank, 2018
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 4
    UID:
    b3kat_BV007641020
    Format: 1 Mikrofiche , 24x
    Note: Münster (Westfalen), Univ., Diss. - Mikroreprod. e. Ms. 84 Bl. : graph. Darst.
    Language: German
    Keywords: Herzchirurgie ; Serumlipoproteine ; Hochschulschrift
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    UID:
    gbv_1759634409
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Paper No. 8436
    Content: This paper presents a simple model with financial frictions where inflation increases the cost faced by firms holding liquid assets to hedge risky production against expenditure shocks. Inflation tilts firms' technology choice away from innovative activities and toward safer but return-dominated ones, and therefore reduces long-run growth. The theory makes specific predictions about how the severity of this adverse effect depends on industry characteristics. These predictions are tested with novel harmonized firm-level data from 139 developing countries, overcoming small sample problems constraining previous work. The analysis finds that inflation affects the composition but not the overall quantity of investment. A one percentage point increase in inflation reduces the establishment-level probability of innovation by 4.3 percent but does not affect total investment. Moreover, innovating firms display a stronger dependence on liquid assets, which, in turn, are negatively related to inflation. Generalized difference-in-differences estimations corroborate the sector-specific predictions of the theoretical model
    Note: English
    Language: Undetermined
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 6
    UID:
    gbv_1044644052
    Format: Ill.
    ISSN: 0028-9795
    In: Niedersächsisches Ärzteblatt, Hannover : Hannoversche Ärzte-Verl.-Union, 1947, Jg. 76.2003, H. 4, S. 18 - 19, 0028-9795
    In: volume:76
    In: year:2003
    In: number:4
    In: pages:18-19
    Language: Undetermined
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    UID:
    gbv_663608198
    Format: 8
    ISSN: 1073-449X
    In: American journal of respiratory and critical care medicine, New York, NY : American Thoracic Society, 1994, 183(2011), 1, Seite 88-96, 1073-449X
    In: volume:183
    In: year:2011
    In: number:1
    In: pages:88-96
    In: extent:8
    Language: English
    Author information: Nienhaus, Albert 1958-
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 8
    UID:
    gbv_183100559X
    Format: Illustrationen, Diagramme
    ISSN: 1098-5336
    In: Applied and environmental microbiology, Washington, DC [u.a.] : Soc., 1976, 88(2022), 4, Artikel-ID e02048-21, Seite 1-24, 1098-5336
    In: volume:88
    In: year:2022
    In: number:4
    In: elocationid:e02048-21
    In: pages:1-24
    Language: English
    Author information: Niemann, Stefan 1964-
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Close ⊗
This website uses cookies and the analysis tool Matomo. Further information can be found on the KOBV privacy pages