@article{oai:lib.cku.repo.nii.ac.jp:00001535,
 author = {増田, 公一 and Masuda, Koichi},
 issue = {62},
 journal = {千葉経済論叢, CHIBA KEIZAI RONSO},
 month = {Jun},
 note = {We examine the effect of the asset price bubble in the 1980s on firms’ fixed investment and liquidity constraints using manufacturing panel data. In particular, we try to identify the effect of asset price inflation and the monetary easing policy on firms’ liquidity constraints. The findings are twofold. First, an asset price bubble decreases firms’ liquidity constraints and promotes fixed investment regardless of firm size. Specifically, the effect is greater for large firms than for small firms. Second, the monetary easing policy decreases the liquidity constraint of small firms during asset price inflation.},
 pages = {89--102},
 title = {Corporate Investment, Liquidity Constraints, and the Asset Price Bubble from the 1980s through the 1990s: Evidence from Japan},
 year = {2020},
 yomi = {マスダ, コウイチ}
}