Essays on macroeconomic uncertainty

Recent data shows that more than £440 billion in cash has been piling up in the accounts of UK companies. At the same time, the investment outlays and corporate payouts have reached a 60-year low. What makes firms hold such enormous cash stocks instead of spending them on investment or returning the...

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Bibliographic Details
Main Author: Smietanka, Pawel
Published: University of Nottingham 2016
Subjects:
339
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.703196