The 36 references in paper Christopher F. Baum, Andreas Stephan, Oleksandr Talavera (2004) “The Effects of Uncertainty on the Leverage of Non-Financial Firms” / RePEc:boc:bocoec:602

1
Abel, A. B. and Eberly, J. C. (2002), Investment and q with fixed costs: An empirical analysis, working paper, University of Pennsylvania.
(check this in PDF content)
2
Almeida, H., Campello, M. and Weisbach, M. (2004), ‘The cashflow sensitivity of cash’, Journal of Finance59(4), 1777–1804.
(check this in PDF content)
3
Auerbach, A. J. (1985), Real determinants of corporate leverage, NBER Reprints 1151, National Bureau of Economic Research,
(check this in PDF content)
4
Batra, R. N. and Ullah, A. (1994), ‘Competitive firm and the theory of input demand under price uncertainty’,The Journal of Political Economy82(3), 537–548.
(check this in PDF content)
5
Baum, C. F., Caglayan, M., Ozkan, N. and Talavera, O. (2006),‘The impact of macroeconomic uncertainty on non-financial firms’ demand for liquidity’,Review of Financial Economics15, 289–304.
(check this in PDF content)
6
Bernanke, B. and Gertler, M. (1989), ‘Agency costs, net worth, and business fluctuations’,American Economic Review79(1), 14–31.
(check this in PDF content)
7
Bloom, N., Bond, S. and Van Reenen, J. (2001), The dynamics ofinvestment under uncertainty, Working Papers WP01/5, Institute for Fiscal Studies.
(check this in PDF content)
8
Blundell, R. and Bond, S. (1998), ‘Initial conditions and moment restrictions in dynamic panel data models’,Journal of Econometrics87, 115–143.
(check this in PDF content)
9
Bo, H. (2002), ‘Idiosyncratic uncertainty and firm investment’,Australian Economic Papers41(1), 1–14. 18
(check this in PDF content)
10
Bo, H. and Lensink, R. (2005), ‘Is the investment-uncertainty relationship nonlinear? an empirical analysis for the Netherlands’,Economica72(286), 307–331.
(check this in PDF content)
11
Byrne, J. P. and Davis, E. P. (2005), ‘Investment and uncertainty in the G7’, Weltwirtschaftliches Archiv
(check this in PDF content)
12
Chirinko, R. S. (1987), ‘Tobin’s Q and financial policy’,Journal of Monetary Economics 19, 69–87.
(check this in PDF content)
13
Driver, C., Temple, P. and Urga, G. (2005), ‘Profitability, capacity, and uncertainty: a model of UK manufacturing investment’,Oxford Economic Papers57(1), 120–141.
(check this in PDF content)
14
Fazzari, S., Hubbard, R. G. and Petersen, B. C. (1988), ‘Financing constraints and corporate investment’,Brookings Papers on Economic Activity78(2), 141–195.
(check this in PDF content)
15
Frank, M. and Goyal, V. (2005), Tradeoff and pecking order theories of debt, Working paper, Center for Corporate Governance, Tuck School of Business at Dartmouth.
(check this in PDF content)
16
Ghosal, V. and Loungani, P. (2000), ‘The differential impactof uncertainty on investment in small and large business’,The Review of Economics and Statistics82, 338– 349.
(check this in PDF content)
17
Gilchrist, S. and Himmelberg, C. (1998), Investment, fundamentals and finance, NBER
(check this in PDF content)
18
Working Paper 6652, National Bureau of Economic Research, Inc.
(check this in PDF content)
19
Graham, J. R. and Harvey, C. R. (2001), Expectations of equity risk premia, volatility and asymmetry from a corporate finance perspective, NBER Working Papers 8678, National Bureau of Economic Research,
(check this in PDF content)
20
Hayashi, F. (1982), ‘Tobin’s average q and marginal q: A neoclassical interpretation’, Econometrica50, 261–280.
(check this in PDF content)
21
Hubbard, R. G. and Kashyap, A. K. (1992), ‘Internal net worthand the investment process: An application to US agriculture’,Journal of Political Economy100(3), 506– 34.
(check this in PDF content)
22
Hubbard, R. G., Kashyap, A. K. and Whited, T. M. (1995), ‘Internal finance and firm investment’,Journal of Money Credit and Banking27(4), 683–701.
(check this in PDF content)
23
Love, I. (2003), ‘Financial development and financing constraints: International evidence from the structural investment model’,Review of Financial Studies16, 765–791.
(check this in PDF content)
24
Modigliani, F. and Miller, M. (1958), ‘The cost of capital, corporate finance, and the theory of investment’,American Economic Review48(3), 261–297.
(check this in PDF content)
25
Schmukler, S., Mehrez, G. and Kaufmann, D. (1999), Predicting currency fluctuations and crises - do resident firms have an informational advantage?, Policy Research
(check this in PDF content)
26
Working Paper Series 2259, The World Bank.
(check this in PDF content)
27
Shuetrim, G., Lowe, P. and Morling, S. (1993), The determinants of corporate leverage: A panel data analysis, RBA Research Discussion Papers 9313,Reserve Bank of Australia.
(check this in PDF content)
28
Weill, L. (2001), Leverage and corporate performance: A frontier efficiency analysis, Discussion papers, Institut d’Etudes Politiques.
(check this in PDF content)
29
Whited, T. M. (1992), ‘Debt, liquidity constraints, and corporate investment: Evidence from panel data’,Journal of Finance47(4), 1425–1460. 20
(check this in PDF content)
30
Appendix A: Construction of macroeconomic and firm specific measures The following variables are used in the empirical study. From the Quarterly Indus
(check this in PDF content)
31
DATA1: Cash and Short-Term Investments
(check this in PDF content)
32
DATA6: Total Assets
(check this in PDF content)
33
DATA12: Sales
(check this in PDF content)
34
DATA90: Capital Expenditures
(check this in PDF content)
35
DATA45: Long-Term Debt From the DRI–McGraw Hill Basic Economics database:
(check this in PDF content)
36
DLEAD: index of leading indicators 21
(check this in PDF content)