A theory of debt maturity: the long and short of debt overhang. Journal of Finance, 69(2):719-762, 2014.Diamond DW, He Z (2014) A theory of debt maturity: the long and short of debt overhang. J Financ 69(2):719–762Diamond DW, He Z (2014) A theory of debt maturity: the ...
The Short and Long Run Effects of Debt Reduction: Evidence From Debt Relief Under the Enhanced HIPC and MDR InitiativesSovereign DebtDebt OverhangDebt ReliefHigh levels of government debt depress productive investment in a number of ways. High outstanding debt keeps market interest rates high crowding...
However, there was no effect on foreign direct investment suggesting that debt overhang does not affect incentives of foreign investors. Output and schooling enrollment increased both in the short and long run.Originality/valueThis paper exploits a natural experiment of debt relief in a number of ...
Please note that "not a good time to be long" is not the same as a "good time to be short". However, the longer the "Bullish Sentiment Stampede" lasts and the more extreme the numbers become, the better the odds of a major top and the sharper and more sever the eventual washout. ...
It invests primarily in Government of Canada treasury bills and other short-term debt instruments guaranteed by the Government of Canada. Managing risk is among the most important factors in the portfolio management process, guiding investment decisions made for the Fund. The Fund's investment ...
In Atlanta, the Bank of America tower, the tallest in the Southeast, is nearly a fifth vacant, and bank officials just wrestled a rent cut from the developer. In Cherry Hill, N.J., 10 percent of the houses on the market are so-called short sales, in which sellers ask for less than...
and Zhiguo He (2014), "A Theory of Debt Maturity: The Long and Short of Debt Overhang," Journal of Finance 69:719-762.Diamond, Douglas W., and Zhiguo He. 2014. "A Theory of Debt Maturity: The Long and Short of Debt Overhang." Journal of Finance, 69(2): 719-762....
debt overhangdebt maturityfinancial distressThis research studies the implications of short term debt for firm investment decisions on a sample of U.S. non-financial firms from 1985-2011. We argue that shdoi:10.2139/ssrn.2312158Van H. Vu
A theory of debt maturity: The long and short of debt overhang. J. Financ. (forthcoming).Diamond, Douglas, and Zhiguo He, 2010, A theory of debt maturity: The long and short of debt 23 overhang, Working paper, University of Chicago. 24 Duffie, Dar...
Mohamed, B.M., (2013), Assessing the Short and Long-run Real Effects of Public External Debt: The Case of Tunisia, African Development Review, 25(4), pp.587-606Mohamed, M. 2013. Assessing the short- and long-run real effects of public external debt: the case of Tunisia. African ...