The Impact of Patient Capital on Job Quality, Investments and Firm Performance: Cross-Country Evidence on Long-Term Finance

Author
Christoph Sommer
Content Type
Working Paper
Institution
German Development Institute (DIE)
Abstract
Long-term finance is not only important for development and growth, but also has the potential to contribute to better jobs. This paper provides empirical evidence to what extent long-term loans affect job quality, firms’ investments in fixed assets and innovation, as well as firm performance.
Topic
Finance, Economic Growth, Investment, Capital
Political Geography
Global Focus