[1. Almeida, H., Campello, M., Laranjeira, B., Weisbenner, S. (2012). Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis. Critical Finance Review, Vol. 1, No. 1, pp. 3-58.10.1561/104.00000001]Search in Google Scholar
[2. Alti, A. (2003). How sensitive is investment to cash flow when financing is frictionless. Journal of Finance, Vol. 58, No. 2, pp. 707-722.10.1111/1540-6261.00542]Search in Google Scholar
[3. Bernanke, B. S., Gertler, M. (1989). Agency Costs, Net Worth, and Business Fluctuations. American Economic Review, Vol. 79, No. 1, pp. 14-31.]Search in Google Scholar
[4. Bernanke, B. S., Gertler, M., Gilchrist, S. (1999). The Financial Accelerator in a Quantitative Business Cycle Framework. In Handbook of Macroeconomics, Taylor, J. B., Woodford, M. (Ed.), Elsevier, Vol 1, Part C, pp. 1341-1393.]Search in Google Scholar
[5. Blanchard, O., J., Lopez-de Silanes, F., Shleifer, A. (1994.) What do firms do with cash windfalls?. Journal of Financial Economics, Vol. 36, No. 3, pp. 337-360.10.1016/0304-405X(94)90009-4]Search in Google Scholar
[6. Brunnermeier, M. K., Sannikov, Y. (2014). A Macroeconomic Model with a Financial Sector. American Economic Review, Vol. 104, No. 2, pp. 379-421.10.1257/aer.104.2.379]Search in Google Scholar
[7. Calomiris, C. W., Hubbard, R. G. (1995). Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-37. Journal of Business, Vol. 68, No. 4, pp. 443-482.10.1086/296673]Search in Google Scholar
[8. Campello, M., Giambona, E., Graham, J. R., Harvey, C. R. (2011). Liquidity Management and Corporate Investment During a Financial Crisis. Review of Financial Studies, Vol. 24, No. 6, pp. 1944-1979.10.1093/rfs/hhq131]Search in Google Scholar
[9. Carlstrom, C. T., Fuerst, T. S. (1997). Agency Costs, Net Worth, and Business Fluctuations: A Computable General Equilibrium Analysis. American Economic Review, Vol. 87, No. 5, pp. 893-910.]Search in Google Scholar
[10. Chodorow-Reich, G. (2014). The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008-9 Financial Crisis. The Quarterly Journal of Economics, Vol. 129, No. 1, pp. 1-59.10.1093/qje/qjt031]Search in Google Scholar
[11. Cleary, S., Povel, P. E. Raith, M. (2007). The U-shaped investment curve: Theory and evidence. Journal of Financial and Quantitative Analysis. Vol. 42, No. 1, pp. 1-39.10.1017/S0022109000002179]Search in Google Scholar
[12. Eggertsson, G. B., Krugman, P. (2012). Debt, Deleveraging, and the Liquidity Trap: A Fisher- Minsky-Koo Approach, Quarterly Journal of Economics, Vol. 127, No. 3, pp. 1469-1513.]Search in Google Scholar
[13. Erickson, T, Whited, T. M. (2000). Measurement Error and the Relationship between Investment and q, Journal of Political Economy. Vol. 108, No. 5, pp. 1027-1057.]Search in Google Scholar
[14. Farre-Mensa, J., Ljungqvist, A. (2016). Do Measures of Financial Constraints Measure Financial Constraints?. Review of Financial Studies, Vol. 29, No. 2, pp. 271-308.10.1093/rfs/hhv052]Search in Google Scholar
[15. Fazzari, S. M., Petersen, B. C. (1993). Working capital and fixed investment: New evidence on financing constraints. RAND Journal of Economics, Vol. 24, No. 3, pp. 328-342.10.2307/2555961]Search in Google Scholar
[16. Gertler, M., Kiyotaki, N. (2011). Financial Intermediation and Credit Policy in Business Cycle Analysis. In Handbook of Monetary Economics, B. M. Friedman, M. Woodford (Ed.), Vol. 3, pp. 547-599.]Search in Google Scholar
[17. Giroud, X., Mueller, H. M. (2015). Firm leverage and unemployment during the great recession. Available at http://www.mit.edu/~xgiroud/GR.pdf [13 December 2016].10.3386/w21076]Search in Google Scholar
[18. Gomes, J. F. (2001). Financing Investment. American Economic Review, Vol. 91, No. 5, pp. 1263-1285.10.1257/aer.91.5.1263]Search in Google Scholar
[19. Hayashi, F. (1982). Tobin’s Marginal q and Average q: A Neoclassical Interpretation. Econometrica, Vol. 50, No. 1, pp. 213-224.10.2307/1912538]Search in Google Scholar
[20. Hubbard, R. G. (1999). Capital Market Imperfections and Investment, Journal of Economic Literature, Vol. 36, No. 1, pp. 193-225.]Search in Google Scholar
[21. Kaplan, S. N., Zingales, L. (1997). Do investment-cash ow sensitivities provide useful measures of financing constraints. The Quarterly Journal of Economics, Vol. 112, No. 1, pp. 169-215.]Search in Google Scholar
[22. Kiyotaki, N., Moore, J. (1997). Credit Cycles. Journal of Political Economy, Vol. 105, No. 2, pp. 211-248.10.1086/262072]Search in Google Scholar
[23. Koo, R. C. (2009). The Holy Grail of Macroeconomics: Lessons from Japan s Great Recession. Wiley.]Search in Google Scholar
[24. Kuchler, A. (2015). Firm leverage and investment during the crisis. Available at https://www.nationalbanken.dk/da/publikationer/Documents/2015/06/DNWP_96_Firm.pdf [13 December 2016].]Search in Google Scholar
[25. Lamont, O. (1997). Cash Flow and Investment: Evidence from Internal Capital Markets. Journal of Finance, Vol. 52, No. 1, pp. 83-109.10.1111/j.1540-6261.1997.tb03809.x]Search in Google Scholar
[26. Lemmon, M., Roberts M. R. (2010). The Response of Corporate Financing and Investment to Changes in the Supply of Credit. Journal of Financial and Quantitative Analysis, Vol. 45, No. 3, pp. 555-587.10.1017/S0022109010000256]Search in Google Scholar
[27. Lumley T, Emerson S. (2002). The Importance of the Normality Assumption in Large Public Health Data Sets. Annual Review of Public Health, Vol. 23, pp. 151-169.10.1146/annurev.publhealth.23.100901.14054611910059]Search in Google Scholar
[28. Mian, A., Sufi A. (2014). House of debt: How they (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again. The University of Chicago Press, Chicago.10.7208/chicago/9780226277509.001.0001]Search in Google Scholar
[29. Mian, A., Sufi, A. (2010). The great recession: Lessons from microeconomic data. American Economic Review, Vol. 100, No. 2, pp. 51-56.10.1257/aer.100.2.51]Search in Google Scholar
[30. Modigliani, F., Miller, M. (1958). The Cost of Capital, Corporation Finance and the Theory of Investment. American Economic Review, Vol. 48, No. 3, pp. 261-297.]Search in Google Scholar
[31. Rauh, J. D. (2006). Investment and financing constraints: Evidence from the funding of corporate pension plans. The Journal of Finance, Vol. 61, No. 1, pp. 33-71.10.1111/j.1540-6261.2006.00829.x]Search in Google Scholar
[32. Schularick, M., Taylor, A. M. (2011). Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870-2008. American Economic Review, Vol. 102, No. 2, pp. 1029-1061.]Search in Google Scholar
[33. Stein, J. C. (2003). Agency, information and corporate investment. In Handbook of the Economics of Finance, G. M. Constantinides, M. Harris, R. M. Stulz (Eds), Vol. 1, pp. 111-165.10.1016/S1574-0102(03)01006-9]Search in Google Scholar
[34. Šonje, V., Kukavčić, J. (2014). Suočavaju li se dobra poduzeća u krizi s financijskim ograničenjima. Available at http://www.hub.hr/sites/default/files/hub_analize_50-creditcrunch_ii_1.pdf [13 December 2016].]Search in Google Scholar
[35. Tarassow, A. (2015). Financial investment constraints. A Panel Threshold Application to German Firm Level Data. Available at https://www.wiso.unihamburg.de/repec/hepdoc/macppr_5_2014R.pdf [13 December 2016].]Search in Google Scholar
[36. Tirole, J. (2006). The Theory of Corporate Finance. Princeton University Press, New Jersey.]Search in Google Scholar
[37. Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data. MIT Press, Cambridge. ]Search in Google Scholar