01532cas a2200241 a 4500 AALejournalIMF006196 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451961690 1018-5941 BD-DhAAL BD-DhAAL Piris Chavarri, Alvaro. Investment by Large Firms in Argentina / Alvaro Piris Chavarri. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Strong growth in investment made a key contribution to the economic recovery in Argentina earlier this decade. The paper uses firm-level data to assess changes in financing constraints and the linkages between real investment at the firm level and macroeconomic developments in the real exchange rate and real interest rates. It concludes that several factors explain the performance of investment, including the real exchange rate, the cost of borrowing as well as an easing of financing constraints. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2010/003 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/003/001.2010.issue-003-en.xml IMF e-Library