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Here are some of Steve Fazzari's papers in various formats. If you are
interested in something that you cannot find here, send e-mail.
Academic Working Papers
Cash Flow, Investment,
and Keynes-Minsky Cycles (with Piero Ferri and
Edward Greenberg), forthcoming, Journal
of Economic Behavior and Organization
That Elusive
Elasticity: A Long-Panel Approach To Estimating The Capital-Labor
Substitution Elasticity (with Robert S. Chirinko, Steven M. Fazzari, and
Andrew P. Meyer), January, 2004
(Figure 2 for the
above paper)
Financing Innovation
and Growth: Cash Flow, External Equity and the 1990s R&D Boom (with
James R. Brown and Bruce C. Petersen), January, 2007
Published Academic Papers
Asymmetric
Information, Financing Constraints, and Investment (Review of Economics and
Statistics, 1987, JSTOR)
Investment,
Financing Decisions, and Tax Policy (American Economic Review, 1988, JSTOR)
Financing Constraints
and Corporate Investment (Brookings Papers, 1988, JSTOR)
Working Capital and
Fixed Investment: New Evidence on Financing Constraints (Rand Journal of
Economics, 1993)
Inventory Investment,
Internal-Finance Fluctuations, and the Business Cycle (Brookings Papers,
1994, JSTOR)
Economic
Fluctuations, Market Power, and Returns to Scale: Evidence from Firm-Level
Data (Journal of Applied Econometrics, 1994, JSTOR)
Policy Papers
Levy Institute Policy Note on
Capital Income Taxation (1999, html)
Levy Institute Paper on
Capital Gains Taxes (1996, MS Word document)
A Penny Saved May Not Be a
Penny Earned: Thinking Hard About
Saving and the Creation of Wealth (pdf)
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