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We analyze firms’ perceptions of their cost of capital using hand-collected data. We show that firms with a higher perceived cost of capital invest less and earn higher returns on invested capital, ...

We study the role of financial frictions in determining the allocation of investment and innovation among established U.S. firms. Empirically, we find that firms are investment-intensive when they ...

Think Buenos Aires and the European associations are inevitable. Its reputation as the ‘Paris of South America’ has its roots in the late 1800s when the ideal of modernity among well-heeled Porteños ...

Throughout Inazuma, Genshin Impact players are likely to encounter several Samurai minibosses scattered across the region's multiple islands. What Genshin Impact players may not realize is that the ...

The tree of life, first referenced in the book of Genesis, is a life-giving tree created to support the physical and spiritual life of mankind. The tree was established by God in the Garden of Eden: ...