The impact of patient capital on job quality, investments and firm performance: cross-country evidence on long-term finance
Sommer, Christoph (2021)
Discussion Paper 6/2021
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.