2017. The real effects of household debt in the short and long run. Working Papers No 607, Bank for International Settlements, Basel.LOMBARDI, M., MOHANTY, M., & SHIM, I. (2017). The real effects of household debt in the short and long run. Working Paper 607, Bank for International...
This paper derives the firm value and the investment strategy (investment timing, debt financing, leverage, and endogenous default) when an entrepreneur makes a real investment with debt financing both in monopoly and in duopoly. In particular, we clarify the effects of the entrepreneur¿s fi...
The present study examined what effects the debt to equity ratio, cash ratio, and return on assets, growth rate, and institutional ownership would have on the dividend policy of companies listed on the Indonesia Stock Exchange in 2013-2017. Being familiar with the effect of debt to equity ...
Risk Matters: The Real Effects of Volatility Shocks This paper shows how changes in the volatility of the real interest rate at which small open emerging economies borrow have a quantitatively important effect on real variables like output, consumption, investment, and hours worked. To mo... J ...
We employ a regression discontinuity design to identify the real effects of share repurchases on other firm outcomes. The probability of share repurchases that increase earnings per share (EPS) is sharply higher for firms that would have just missed the EPS forecast in the absence of the repurchas...
cross-sectional differences in the liquidity effects of open market share repurchases 热度: 页数:31 An experimental study on the effects of minimum profit share on supply chains with markdown contract Risk and profit analysis 热度: 页数:13 The real effects of debt 热度: 页数:34 The re...
shock raises the risk of a sovereign default. Banks’ balance-sheets start to crumble. They need propping up by the already wobbly state. And as they cut lending, the real economy weakens, worsening the fiscal woe. That, more or less, is what happened in the zone’s sovereign-debt ...
复旦大学 Fudan University The Real Effects of Entrusted Lending in China 讲座论坛 02018-03-20 13:30 经济学院710会议室主讲人 孙琪0 条评论查看学校相关机会 复旦大学 Fudan University 查看专业相关机会 经济学 金融学 想看更多 查看同类型机会 查看所有机会...
The Real Effect of a Financial Market: an Agent-Based Model The real effects of financial markets: The impact of prices on takeovers. Journal of Finance 67: 933-971.Edmans, A., Goldstein, I., and Jiang, W., 2012. The real effects of financial markets: The impact of prices on ......
For instance, by generating inflation, a loose monetary policy can reduce the real value of debt during economy-wide downturns and, as a result, reduce bankruptcies when liquidations are excessive. We next consider a more general setting with heterogeneous entrants. When this is the case, ...