The 8 linked references in paper Christopher F. Baum, Dorothea Schäfer, Oleksandr Talavera (2008) “The Impact of the Financial System's Structure on Firms' Financial Constraints” / RePEc:boc:bocoec:690

  1. Almeida, H., Campello, M., Weisbach, M., 2004. The cash flow sensitivity of cash. Journal of Finance 59 (4), 1777–1804.
  2. Bond, S., Harhoff, D., Reenen, J. V., 1999. Investment, R&D and financial constraints in Britain and Germany. Working Papers WP99/5, Institute for Fiscal Studies.
  3. Fazzari, S., Hubbard, R. G., Petersen, B. C., 1988. Financing constraints and corporate investment. Brookings Papers on Economic Activity 78 (2), 141–195. 17
  4. Kaplan, S. N., Zingales, L., 1997. Do investment-cash flow sensitivities provide useful measures of financing constraints. Quarterly Journal of Economics 107 (1), 196–215.
  5. Love, I., 2003. Financial development and financing constraints: International evidence from the structural investment model. Review of Financial Studies 16, 765–791.
  6. Myers, S. C., 1977. Determinants of corporate borrowing. Journal of Financial Economics 25, 25–43.
  7. Opler, T., Pinkowitz, L., Stulz, R., Williamson, R., 1999. The determinants and implications of cash holdings. Journal of Financial Economics 52, 3–46. 19 Appendix 1: Data construction The following variables are used in the annual empirical study.
  8. World Development Indicators. Total value traded: Ratio of total shares traded on the stockmarket exchange to GDP.