Driffield, Nigel; Pal, Sarmistha - Institute for the Study of Labor (IZA) - 2008
dynamics, partial adjustment models, firm- and time-varying
speed, generalised methods of moments, inertia and endeavours …, leverage and
debt composition. As such, we allow firms to have firm- and time-varying speeds of
adjustment, and compare these … and time-varying speeds of adjustment from panel
data; GMM takes account of the endogeneity bias arising from the …