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Time to Build Capital: Revisiting Investment Cash Flow Sensitivities

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Figure

Table 2: Investment regressions–empirical specification
Table 3: Investment regressions–empirical specification with annual measures
Table 6: Investment regressions–empirical specification with annual measures and time-to-plan
Table 8: Investment regressions–empirical specification with annual measures and proxy forstate variable(robustness to TTB assumptions)
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