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Keywords: External finance constraints
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Journal Articles
Firms from Financially Developed Economies Do Not Save Less
Available to Purchase
Journal:
Critical Finance Review
Critical Finance Review (2020) 9 (1-2): 305–351.
Published: 11 June 2020
... affects saving propensities at least as much as do external finance constraints. Second, although financial development eases external finance constraints, it also contributes to greater cash flow uncertainty through more innovation and higher asset intangibility. This cross-country result holds...
Includes: Supplementary data
