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Citations of
Hayne Ellis Leland

For current contact information and a more complete listing of works, please see here

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Working papers

  1. Hayne Leland, 1999. "Optimal Portfolio Management with Transactions Costs and Capital Gains Taxes," Research Program in Finance, Working Paper Series 1005, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]

    Cited by:

    1. Kiyohiko G. Nishimura & Hiroyuki Ozaki, 2003. "Liquidity Motives of Holding Money under Investment Risk: A Dynamic Analysis," CIRJE F-Series CIRJE-F-232, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]

  2. Hayne E. Leland., 1998. "Agency Costs, Risk Management, and Capital Structure," Research Program in Finance Working Papers RPF-278, University of California at Berkeley. [Downloadable!]
    Published as:

    Cited by:

    1. Marco Realdon, 2006. "Book Values and Market Values of Equity and Debt," Discussion Papers 06/11, Department of Economics, University of York. [Downloadable!]
    2. Georges Dionne & Thouraya Triki, 2004. "On Risk Management Determinants: What Really Matters?," Cahiers de recherche 0417, CIRPEE. [Downloadable!]
    3. Stavros Panageas, 2009. "Optimal taxation in the presence of bailouts," NBER Working Papers 15405, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Anderson, Ronald W & Carverhill, Andrew, 2007. "Liquidity and Capital Structure," CEPR Discussion Papers 6044, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    5. HEGE, Ulrich & MELLA-BARRAL, Pierre, 2002. "Repeated dilution of diffusely held debt," Les Cahiers de Recherche 751, HEC Paris. [Downloadable!]
      Other versions:
    6. Décamps, Jean-Paul & Villeneuve, Stéphane, 2008. "On the Modeling of Debt Maturity and Endogenous Default: A Caveat," IDEI Working Papers 528, Institut d'Économie Industrielle (IDEI), Toulouse.
    7. Li Chen & H. Vincent Poor, 2003. "Information Asymmetry, Corporate Debt Financing and Optimal Investment Decisions: A Reduced Form Approach," Finance 0312008, EconWPA. [Downloadable!]
    8. Darrell Duffie & Ke Wang, 2004. "Multi-Period Corporate Failure Prediction with Stochastic Covariates," NBER Working Papers 10743, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    9. Ilya A. Strebulaev, 2004. "Do Tests of Capital Structure Theory Mean What They Say?," Econometric Society 2004 North American Summer Meetings 646, Econometric Society. [Downloadable!]
    10. Viral V. Acharya & Heitor Almeida & Murillo Campello, 2005. "Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies," NBER Working Papers 11391, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    11. Bart Lambrecht & Stewart C. Myers, 2005. "A Theory of Takeovers and Disinvestment," NBER Working Papers 11082, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    12. Klimczak, Karol Marek, 2005. "Rationales for corporate risk management from stakeholders’ perspective," MPRA Paper 4242, University Library of Munich, Germany. [Downloadable!]
    13. E. Agliardi & R. Andergassen, 2006. "Last Resort Gambles, Risky Debt and Liquidation Policy," Working Papers 577, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
      Other versions:
    14. Cole, Rebel, 2008. "What do we know about the capital structure of privately held firms? Evidence from the Surveys of Small Business Finance," MPRA Paper 8086, University Library of Munich, Germany. [Downloadable!]
    15. Nengjiu Ju & Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives," NBER Working Papers 9327, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    16. Abel Elizalde, 2006. "Credit Risk Models Ii: Structural Models," Working Papers wp2006_0606, CEMFI. [Downloadable!]
    17. Driffield, Nigel & Pal, Sarmistha, 2008. "Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?," IZA Discussion Papers 3426, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    18. Zsuzsanna Fluck, 1999. "Contingent Control Rights and Managerial Incentives: The Design of Long-term Debt," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-070, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    19. Stéphanie Stolz, 2002. "The Relationship between Bank Capital, Risk-Taking, and Capital Regulation: A Review of the Literature," Kiel Working Papers 1105, Kiel Institute for the World Economy. [Downloadable!]
    20. Jan Ericsson & Kris Jacobs & Rodolfo A. Oviedo, 2004. "The Determinants of Credit Default Swap Premia," CIRANO Working Papers 2004s-55, CIRANO. [Downloadable!]
      Other versions:
    21. Alexander Reisz, 1999. "Temporal Resolution of Uncertainty, the Investment Policy of Levered Firms and Corporate Debt Yields," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-044, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    22. Zsuzsanna Fluck & Kedran Garrison & Stewart C. Myers, 2005. "Venture Capital Contracting and Syndication: An Experiment in Computational Corporate Finance," NBER Working Papers 11624, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    23. Marco Realdon, . "Valuation of Put Options on Leveraged Equity," Discussion Papers 03/19, Department of Economics, University of York. [Downloadable!]
    24. Rui Albuquerque, 2004. "Optimal Currency Hedging," Finance 0405010, EconWPA. [Downloadable!]
      Other versions:
    25. Rochet, Jean-Charles & Villeneuve, Stéphane, 2004. "Liquidity Risk and Corporate Demand for Hedging and Insurance," IDEI Working Papers 254, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
      Other versions:
    26. Chen-Miao Lin & Stephen D. Smith, 2005. "Hedging, financing, and investment decisions: a simultaneous equations framework," Working Paper 2005-05, Federal Reserve Bank of Atlanta. [Downloadable!]
    27. Reneby, Joel & Ericsson, Jan, 2001. "The Valuation of Corporate Liabilities: Theory and Tests," Working Paper Series in Economics and Finance 445, Stockholm School of Economics, revised 19 Dec 2002. [Downloadable!]
    28. Stavros Panageas, 2009. "Bailouts, the Incentive to Manage Risk, and Financial Crises," NBER Working Papers 15058, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    29. Dirk Hackbarth & Junjian Miao & Erwan Morellec, 2005. "Capital Structure, Credit Risk, and Macroeconomic Conditions," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-005, Boston University - Department of Economics. [Downloadable!]
      Other versions:
    30. John, Kose & Lynch, Anthony W. & Puri, Manju, 2002. "Credit Ratings, Collateral and Loan Characteristics: Implications for Yield," Research Papers 1748, Stanford University, Graduate School of Business. [Downloadable!]
    31. Décamps, Jean-Paul & Rochet, Jean-Charles & Roger, Benoît, 2003. "The Three Pillars of Basel II, Optimizing the Mix," IDEI Working Papers 179, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
      Other versions:
    32. Augusto Castillo, 2004. "Firm and Corporate Bond Valuation: A Simulation Dynamic Programming Approach," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(124), pages 345-360. [Downloadable!]
    33. Kapitsinas, Spyridon, 2008. "The Impact of Derivatives Usage on Firm Value: Evidence from Greece," MPRA Paper 10947, University Library of Munich, Germany. [Downloadable!]
    34. Hassan Naqvi, 2004. "The Valuation of Corporate Debt with Default Risk," Finance 0410010, EconWPA. [Downloadable!]
    35. Robert R. Bliss, 2001. "Market discipline and subordinated debt: a review of some salient issues," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q I, pages 24-45. [Downloadable!]
    36. Acharya, Viral V & Carpenter, Jennifer, 2002. "Corporate Bond Valuation and Hedging with Stochastic Interest Rates and Endogenous Bankruptcy," CEPR Discussion Papers 3328, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    37. Jing-zhi Huang & Hao Zhou, 2008. "Specification analysis of structural credit risk models," Finance and Economics Discussion Series 2008-55, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    38. Almeida, Heitor & Campello, Murillo & Weisbach, Michael S., 2008. "Corporate Financial and Investment Policies When Future Financing Is Not Frictionless," Working Paper Series 2008-16, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
      Other versions:
    39. Steven R. Grenadier & Neng Wang, 2005. "Investment Timing, Agency, and Information," NBER Working Papers 11148, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    40. Marco Realdon, . "About Debt and the Option to Extend Debt Maturity," Discussion Papers 03/20, Department of Economics, University of York. [Downloadable!]
    41. Marco Realdon, . "Convertible Subordinated Debt Valuation and "Conversion in Distress"," Discussion Papers 03/18, Department of Economics, University of York. [Downloadable!]
    42. Viet Anh Dang, 2005. "Testing the Trade-off and Pecking Order Theory: Some UK Evidence," Money Macro and Finance (MMF) Research Group Conference 2005 28, Money Macro and Finance Research Group. [Downloadable!]
    43. A. Jorge Padilla & Alejandro Requejo, . "Conflicts of Interest, Employment Decisions, and Bank Debt Restructuring: Evidence from Spanish Firms in Financial Distress," Studies on the Spanish Economy 59, FEDEA. [Downloadable!]
    44. Hong Liu & Jianjun Miao, 2006. "Managerial Preferences, Corporate Governance, and Financial Structure," Boston University - Department of Economics - Working Papers Series WP2006-020, Boston University - Department of Economics. [Downloadable!]
    45. Marco Realdon, 2006. "Valuation of the Firm's Liabilities when Equity Holders are also Creditors," Discussion Papers 06/16, Department of Economics, University of York. [Downloadable!]
    46. Darrell Duffie & Leandro Siata & Ke Wang, 2006. "Multi-Period Corporate Default Prediction With Stochastic Covariates," NBER Working Papers 11962, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    47. Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects," NBER Working Papers 8763, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    48. Rochet, Jean-Charles, 2003. "Rebalancing the 3 Pillars of Basel 2," IDEI Working Papers 224, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    49. Nigel Driffield & Vidya Mahambare & Sarmistha Pal, 2004. "Dynamic Adjustment of Corporate Leverage: Is there a lesson to learn from the Recent Asian Crisis?," Finance 0405007, EconWPA. [Downloadable!]
      Other versions:
    50. Zsuzsanna Fluck, 1999. "Capital Structure Decisions in Small and Large Firms: A Life-cycle Theory of Financing," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-069, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    51. Joshua Rauh, 2007. "Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans," NBER Working Papers 13240, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    52. Landschoot, A. van, 2003. "The term structure of credit spreads on euro corporate bonds," Discussion Paper 46, Tilburg University, Center for Economic Research. [Downloadable!]
    53. Ericsson, Jan & Reneby, Joel, 2003. "Valuing Corporate Liabilities," SIFR Research Report Series 15, Institute for Financial Research. [Downloadable!]
    54. Astrid Van Landschoot, 2004. "Determinants of euro term structure of credit spreads," Working Paper Series 397, European Central Bank. [Downloadable!]
    55. Richard Green & Burton Hollifield, 2000. "The Personal Tax Advantage of Equity," Econometric Society World Congress 2000 Contributed Papers 1611, Econometric Society. [Downloadable!]
      Other versions:
    56. Peter MacKay & Gordon M. Phillips, 2002. "Is There an Optimal Industry Financial Structure?," NBER Working Papers 9032, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    57. Holger Strulik, 1999. "A Financial Theory of Firm Growth," Quantitative Macroeconomics Working Papers 19910, Hamburg University, Department of Economics. [Downloadable!]
    58. Ivo Welch, 2002. "Columbus' Egg: The Real Determinant of Capital Structure," NBER Working Papers 8782, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    59. Hayette Gatfaoui, 2003. "Risque de Défaut et Risque de Liquidité : Une Etude de Deux Composantes du Spread de Crédit," Risk and Insurance 0308005, EconWPA. [Downloadable!]
    60. Nils Hakansson, 1999. "The Role of a Corporate Bond Market in an Economy -- and in Avoiding Crises," Research Program in Finance, Working Paper Series 1008, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
    61. Hoffmann, Arvid O.I. & Pennings, Joost M.E., 2008. "Shareholder Activism and the Role of Marketing: A Framework for Analyzing and Managing Investor Relations," Research Memoranda 007, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
    62. Santiago Forte, 2004. "Capital Structure: Optimal Leverage And Maturity Choice In A Dynamic Model," Business Economics Working Papers wb041206, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    63. Nils H. Hakansson, 1999. "The Role of a Corporate Bond Market in an Economy - and in Avoiding Crises," Research Program in Finance Working Papers RPF-287, University of California at Berkeley. [Downloadable!]
    64. Gabrielle Wanzenried, 2003. "Capital Structure Inertia and CEO Compensation," Diskussionsschriften dp0305, Universitaet Bern, Departement Volkswirtschaft. [Downloadable!]
    65. Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, EconWPA. [Downloadable!]
      Other versions:

  3. Hayne E. Leland., 1996. "Beyond Mean-Variance: Performance Measurement of Portfolios Using Options or Dynamic Strategies," Research Program in Finance Working Papers RPF-263-rev, University of California at Berkeley. [Downloadable!]

    Cited by:

    1. Jens Carsten Jackwerth, 1998. "Recovering Risk Aversion from Option Prices and Realized Returns," Finance 9803002, EconWPA. [Downloadable!]
      Other versions:
    2. Lucas, Andr‚ & Dert, Cees L., 1998. "On the inefficiency of portfolio insurance and caveats to the mean/downside-risk framework," Serie Research Memoranda 0057, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]

  4. Hayne Leland and Gregory Connor., 1995. "Optimal Cash Management for Investment Funds," Research Program in Finance Working Papers RPF-244, University of California at Berkeley.

    Cited by:

    1. Hayne E. Leland, 1996. "Optimal Asset Rebalancing in the Presence of Transactions Costs," Finance 9610004, EconWPA, revised 29 Oct 1996. [Downloadable!]
      Other versions:

  5. Hayne E. Leland and Klaus Bjerre Toft., 1995. "Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads," Research Program in Finance Working Papers RPF-259, University of California at Berkeley.
    Published as:

    Cited by:

    1. Gady Jacoby & Chuan Liao & Jonathan A. Batten, 2007. "A Pure Test for the Elasticity of Yield Spreads," The Institute for International Integration Studies Discussion Paper Series iiisdp195, IIIS. [Downloadable!]
    2. Biais, Bruno & Mariotti, Thomas & Plantin, Guillaume & Rochet, Jean-Charles, 2004. "Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications," IDEI Working Papers 312, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2006. [Downloadable!]
      Other versions:
    3. Claudio, Ferrarese, 2006. "A comparative analysis of correlation skew modeling techniques for CDO index tranches," MPRA Paper 1668, University Library of Munich, Germany. [Downloadable!]
    4. John P. Harding & Xiaozhing Liang & Stephen L. Ross, 2007. "The Optimal Capital Structure of Banks: Balancing Deposit Insurance, Capital Requirements and Tax-Advantaged Debt," Working papers 2007-29, University of Connecticut, Department of Economics, revised Feb 2008. [Downloadable!]
    5. Jir\^o Akahori & Yuuki Kanishi & Yuichi Morimura, 2008. "Calibration of transparency risks: a note," Quantitative Finance Papers 0804.1642, arXiv.org, revised Oct 2009. [Downloadable!]
    6. HEGE, Ulrich & MELLA-BARRAL, Pierre, 2002. "Repeated dilution of diffusely held debt," Les Cahiers de Recherche 751, HEC Paris. [Downloadable!]
      Other versions:
    7. Brounen, D. & Jong, A. de & Koedijk, C.G., 2005. "Capital Structure Policies in Europe: Survey Evidence," Research Paper ERS-2005-005-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    8. Li Chen & H. Vincent Poor, 2003. "Information Asymmetry, Corporate Debt Financing and Optimal Investment Decisions: A Reduced Form Approach," Finance 0312008, EconWPA. [Downloadable!]
    9. Yu-Ting Chen & Cheng-Few Lee & Yuan-Chung Sheu, 2007. "An ODE approach for the expected discounted penalty at ruin in a jump-diffusion model," Finance and Stochastics, Springer, vol. 11(3), pages 323-355, July. [Downloadable!] (restricted)
    10. Olivier Le Courtois & François Quittard-Pinon, 2008. "The optimal capital structure of the firm with stable Lévy assets returns," Decisions in Economics and Finance, Springer, vol. 31(1), pages 51-72, May. [Downloadable!] (restricted)
    11. Ilya A. Strebulaev, 2004. "Do Tests of Capital Structure Theory Mean What They Say?," Econometric Society 2004 North American Summer Meetings 646, Econometric Society. [Downloadable!]
    12. Michael P. Ross., 1998. "Dynamic Optimal Risk Management and Dividend Policy under Optimal Capital Structure and Maturity," Research Program in Finance Working Papers RPF-281, University of California at Berkeley. [Downloadable!]
    13. Samuel Hanson & M. Hashem Pesaran & Til Schuermann, 2005. "Firm Heterogeneity and Credit Risk Diversification," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    14. Nengjiu Ju & Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives," NBER Working Papers 9327, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    15. Abel Elizalde, 2006. "Credit Risk Models Ii: Structural Models," Working Papers wp2006_0606, CEMFI. [Downloadable!]
    16. Hege, U. & Mella-Barral, P., 1999. "Collateral, renegotiation and the value of diffusely held debt," Discussion Paper 94, Tilburg University, Center for Economic Research. [Downloadable!]
      Other versions:
    17. Ariadna Dumitrescu, 2003. "Valuation of Defaultable Bonds and Debt Restructuring," UFAE and IAE Working Papers 590.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
      Other versions:
    18. Chris Downing & Richard Stanton & Nancy Wallace, 2003. "An empirical test of a two-factor mortgage valuation model: how much do house prices matter?," Finance and Economics Discussion Series 2003-42, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    19. Jan Ericsson & Kris Jacobs & Rodolfo A. Oviedo, 2004. "The Determinants of Credit Default Swap Premia," CIRANO Working Papers 2004s-55, CIRANO. [Downloadable!]
      Other versions:
    20. Mark B. Wise & Vineer Bhansali, 2002. "Portfolio Allocation to Corporate Bonds with Correlated Defaults," Quantitative Finance Papers nlin/0205011, arXiv.org, revised Jun 2002. [Downloadable!]
    21. Mella-Baral, Pierre & Tychon, Pierre, 1996. "Default risk in asset pricing," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1996021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). [Downloadable!]
    22. Rohan Churm & Nikolaos Panigirtzoglou, . "Decomposing credit spreads," Bank of England working papers 253, Bank of England. [Downloadable!]
    23. Richard K. Green & George M. Jabbour & Yi-Kang Liu, 2006. "The Performance of Default Risk Structural Models on Commercial Mortgages: An Empirical Investigation," Working Papers 0014, School of Business, The George Washington University. [Downloadable!]
    24. Benjamin Yibin Zhang & Hao Zhou & Haibin Zhu, 2005. "Explaining credit default swap spreads with the equity volatility and jump risks of individual firms," Finance and Economics Discussion Series 2005-63, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    25. Adriana Breccia, 2004. "Formal Bankruptcy: Strategic Debt Service with Senior and Junior Creditors," Birkbeck Working Papers in Economics and Finance 0411, Birkbeck, Department of Economics, Mathematics & Statistics. [Downloadable!]
    26. Reneby, Joel & Ericsson, Jan, 2001. "The Valuation of Corporate Liabilities: Theory and Tests," Working Paper Series in Economics and Finance 445, Stockholm School of Economics, revised 19 Dec 2002. [Downloadable!]
    27. Stavros Panageas, 2009. "Bailouts, the Incentive to Manage Risk, and Financial Crises," NBER Working Papers 15058, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    28. Cumby, Robert & Pastine, Tuvana, 2001. "Emerging Market Debt: Measuring Credit Quality and Examining Relative Pricing," CEPR Discussion Papers 2866, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    29. Nikola A. Tarashev, 2008. "An Empirical Evaluation of Structural Credit-Risk Models," International Journal of Central Banking, International Journal of Central Banking, vol. 4(1), pages 1-53, March. [Downloadable!]
    30. Jesus Saa-Requejo & Pedro Santa-Clara, 1997. "Bond Pricing with Default Risk," University of California at Los Angeles, Anderson Graduate School of Management 1127, Anderson Graduate School of Management, UCLA. [Downloadable!]
    31. Lara Cathcart & Lina El-Jahel, 2006. "Pricing defaultable bonds: a middle-way approach between structural and reduced-form models," Quantitative Finance, Taylor and Francis Journals, vol. 6(3), pages 243-253, June. [Downloadable!] (restricted)
    32. Décamps, Jean-Paul & Rochet, Jean-Charles & Roger, Benoît, 2003. "The Three Pillars of Basel II, Optimizing the Mix," IDEI Working Papers 179, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
      Other versions:
    33. Augusto Castillo, 2004. "Firm and Corporate Bond Valuation: A Simulation Dynamic Programming Approach," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(124), pages 345-360. [Downloadable!]
    34. C. N. V. Krishnan & P. H. Ritchken & J. B. Thomson, 2003. "Monitoring and controlling bank risk: does risky debt serve any purpose?," Working Paper 0301, Federal Reserve Bank of Cleveland. [Downloadable!]
    35. Jason Hsu & Jesus Saa-Requejo & Pedro Santa-Clara, 2003. "Bond Pricing with Default Risk," University of California at Los Angeles, Anderson Graduate School of Management 1245, Anderson Graduate School of Management, UCLA. [Downloadable!]
    36. Stuart M. Turnbull & Jun Yang, 2008. "Default Dependence: The Equity Default Relationship," Working Papers 08-1, Bank of Canada. [Downloadable!]
    37. Mark B. Wise & Vineer Bhansali, 2002. "Implications of Correlated Default For Portfolio Allocation To Corporate Bonds," Quantitative Finance Papers nlin/0209010, arXiv.org. [Downloadable!]
    38. Nam, Chang Woon & Radulescu, Doina Maria, 2004. "Does Debt Maturity Matter for Investment Decisions?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    39. Hassan Naqvi, 2004. "The Valuation of Corporate Debt with Default Risk," Finance 0410010, EconWPA. [Downloadable!]
    40. Kannan Thuraisamy & Gerry Gannon & Jonathan A. Batten, 2007. "Credit Spread Dynamics: Evidence from Latin America," Accounting, Finance, Financial Planning and Insurance Series 2007_13, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    41. Acharya, Viral V & Carpenter, Jennifer, 2002. "Corporate Bond Valuation and Hedging with Stochastic Interest Rates and Endogenous Bankruptcy," CEPR Discussion Papers 3328, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    42. Margaret Lamb, Andrew Lymer, 1999. "Taxation research in an accounting context: future prospects and interdisciplinary perspectives," European Accounting Review, Taylor and Francis Journals, vol. 8(4), pages 749-776, December. [Downloadable!] (restricted)
    43. Jing-zhi Huang & Hao Zhou, 2008. "Specification analysis of structural credit risk models," Finance and Economics Discussion Series 2008-55, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    44. Dan Covitz & Chris Downing, 2002. "Insolvency or liquidity squeeze? Explaining very short-term corporate yield spreads," Finance and Economics Discussion Series 2002-45, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    45. Ericsson, Jan & Reneby, Joel, 1999. "A Note on Contingent Claims Pricing with Non-Traded Assets," Working Paper Series in Economics and Finance 314, Stockholm School of Economics, revised 01 Feb 2002. [Downloadable!]
    46. Juan Ignacio Pena & Santiago Forte, 2006. "CREDIT SPREADS: THEORY AND EVIDENCE ABOUT THE INFORMATION CONTENT OF STOCKS, BONDS AND CDSs," Business Economics Working Papers wb063310, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    47. Ericsson, Jan & Reneby, Joel, 1996. "Stock Options as Barrier Contingent Claims," Working Paper Series in Economics and Finance 137, Stockholm School of Economics, revised 01 Feb 2002. [Downloadable!]
      Other versions:
    48. Alexandros Benos & George Papanastasopoulos, 2005. "Extending the Merton Model: A Hybrid Approach to Assessing Credit Quality," Finance 0505020, EconWPA, revised 03 Jun 2005. [Downloadable!]
    49. Marco Realdon, . "About Debt and the Option to Extend Debt Maturity," Discussion Papers 03/20, Department of Economics, University of York. [Downloadable!]
    50. Michael P. Ross., 1998. "Corporate Hedging: What, Why and How?," Research Program in Finance Working Papers RPF-280, University of California at Berkeley. [Downloadable!]
    51. Chris Downing & Richard Stanton & Nancy Wallace, 2003. "An Empirical Test of a Two-Factor Mortgage Valuation Model: How Much Do House Prices Matter?," Research Program in Finance, Working Paper Series 1011, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
    52. Jean-Charles Rochet, 2004. "Rebalancing the three pillars of Basel II," Economic Policy Review, Federal Reserve Bank of New York, issue Sep, pages 7-21. [Downloadable!]
    53. Brounen, D. & Jong, A. de & Koedijk, C.G., 2004. "Corporate Finance In Europe Confronting Theory With Practice," Research Paper ERS-2004-002-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    54. Hong Liu & Jianjun Miao, 2006. "Managerial Preferences, Corporate Governance, and Financial Structure," Boston University - Department of Economics - Working Papers Series WP2006-020, Boston University - Department of Economics. [Downloadable!]
    55. Hamid Baghestani, 2005. "On the rationality of professional forecasts of corporate bond yield spreads," Applied Economics Letters, Taylor and Francis Journals, vol. 12(4), pages 213-216, March. [Downloadable!] (restricted)
    56. Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects," NBER Working Papers 8763, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    57. Hayette Gatfaoui, 2004. "Idiosyncratic Risk, Systematic Risk and Stochastic Volatility: An Implementation of Merton's Credit Risk Valuation," Research Paper Series 123, Quantitative Finance Research Centre, University of Technology, Sydney.
    58. Rochet, Jean-Charles, 2003. "Rebalancing the 3 Pillars of Basel 2," IDEI Working Papers 224, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    59. Ahmed Loulit, 2004. "Asymptotic approximation of the hitting-time and evaluation of a risky bond," Working Papers CEB 04-029.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
    60. Gordon Delianedis & Robert Geske, 2001. "The Components of Corporate Credit Spreads: Default, Recovery, Tax, Jumps, Liquidity, and Market Factors," University of California at Los Angeles, Anderson Graduate School of Management 1025, Anderson Graduate School of Management, UCLA. [Downloadable!]
    61. Xin Wang & Chris Downing, 2005. "Optimal Capital Structure and the Term Structure of Interest Rates," Computing in Economics and Finance 2005 38, Society for Computational Economics. [Downloadable!]
    62. Charles S. Morris & Robert Neal & Douglas Rolph, 1998. "Credit spreads and interest rates : a cointegration approach," Research Working Paper 98-08, Federal Reserve Bank of Kansas City. [Downloadable!]
    63. A. Kyprianou & B. Surya, 2007. "Principles of smooth and continuous fit in the determination of endogenous bankruptcy levels," Finance and Stochastics, Springer, vol. 11(1), pages 131-152, January. [Downloadable!] (restricted)
    64. Georges Dionne & Sadok Laajimi & Sofiane Mejri & Madalina Petrescu, 2006. "Estimation of the Default Risk of Publicly Traded Canadian Companies," Cahiers de recherche 0613, CIRPEE. [Downloadable!]
      Other versions:
    65. Acharya, Viral V. & Davydenko, Sergei A. & Strebulaev, Ilya, 2009. "Cash Holdings and Credit Risk," CEPR Discussion Papers 7125, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    66. Dailami, Mansoor & Leipziger, Danny, 1997. "Infrastructure project finance and capital flows : a new perspective," Policy Research Working Paper Series 1861, The World Bank. [Downloadable!]
    67. Tobias Adrian & Hyun Song Shin, 2008. "Financial intermediary leverage and value at risk," Staff Reports 338, Federal Reserve Bank of New York. [Downloadable!]
    68. M. Hashem Pesaran & Til Schuermann & Björn-Jakob Treutler, 2005. "Global Business Cycles and Credit Risk," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    69. Pascal François, 2006. "Tax loss carry-forwards and optimal leverage," Applied Financial Economics, Taylor and Francis Journals, vol. 16(14), pages 1075-1083, October. [Downloadable!] (restricted)
    70. Landschoot, A. van, 2003. "The term structure of credit spreads on euro corporate bonds," Discussion Paper 46, Tilburg University, Center for Economic Research. [Downloadable!]
    71. Ericsson, Jan & Reneby, Joel, 2003. "Valuing Corporate Liabilities," SIFR Research Report Series 15, Institute for Financial Research. [Downloadable!]
    72. John J. Merrick Jr., 1999. "Crisis Dynamics of Implied Default Recovery Ratios: Evidence From Russia and Argentina," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-052, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    73. Jorge A. Chan-Lau, 2001. "The Impact of Corporate Governance Structures on the Agency Cost of Debt," IMF Working Papers 01/204, International Monetary Fund. [Downloadable!]
    74. Wolfgang Härdle & Yuh-Jye Lee & Dorothea Schäfer & Yi-Ren Yeh, 2007. "The Default Risk of Firms Examined with Smooth Support Vector Machines," Discussion Papers of DIW Berlin 757, DIW Berlin, German Institute for Economic Research. [Downloadable!]
      Other versions:
    75. Hisashi Nakamura, 2007. "Strategic Default Jump as Impulse Control in Continuous Time," CIRJE F-Series CIRJE-F-532, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    76. Tarun Sabarwal, 2004. "The Non-Neutrality of Debt in Investment Timing: A New NPV Rule," Finance 0410004, EconWPA, revised 20 May 2005. [Downloadable!]
      Other versions:
    77. Santiago Forte, 2004. "Capital Structure: Optimal Leverage And Maturity Choice In A Dynamic Model," Business Economics Working Papers wb041206, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    78. Julien Prat, 2007. "The Rate of Learning-by-Doing: Estimates from a Search-Matching Model," IZA Discussion Papers 2780, Institute for the Study of Labor (IZA). [Downloadable!]
    79. Joao C. A. Teixeira, 2005. "An empirical analysis of structural models of corporate debt pricing," Finance 0505001, EconWPA. [Downloadable!]
      Other versions:
    80. Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, EconWPA. [Downloadable!]
      Other versions:
    81. Abel Elizalde, 2006. "Credit Risk Models Iii: Reconciliation Reduced - Structural Models," Working Papers wp2006_0607, CEMFI. [Downloadable!]
    82. Frank S. Nielsen, 2008. "Local polynomial Whittle estimation covering non-stationary fractional processes," CREATES Research Papers 2008-28, School of Economics and Management, University of Aarhus. [Downloadable!]
    83. Marcel Boyer & Armel Jacques & Michel Moreaux, 2001. "Bankruptcy Cost, Financial Structure and Technological Flexibility Choices," CIRANO Working Papers 2001s-27, CIRANO. [Downloadable!]

  6. Hayne Leland., 1994. "Bond Prices, Yield Spreads, and Optimal Capital Structure with Default Risk," Research Program in Finance Working Papers RPF-240, University of California at Berkeley.

    Cited by:

    1. Marco Realdon, . "Valuation of Put Options on Leveraged Equity," Discussion Papers 03/19, Department of Economics, University of York. [Downloadable!]
    2. Marco Realdon, . "Convertible Subordinated Debt Valuation and "Conversion in Distress"," Discussion Papers 03/18, Department of Economics, University of York. [Downloadable!]

  7. Hayne E. Leland., 1994. "Corporate Debt Value, Bond Covenants, and Optimal Capital Structure," Research Program in Finance Working Papers RPF-233, University of California at Berkeley.
    Published as:

    Cited by:

    1. John K. -H Quah & Bruno Strulovici, 2009. "Discounting and Patience in Optimal Stopping and Control Problems," Discussion Papers 1480, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    2. Marco Realdon, 2006. "Book Values and Market Values of Equity and Debt," Discussion Papers 06/11, Department of Economics, University of York. [Downloadable!]
    3. Gady Jacoby & Chuan Liao & Jonathan A. Batten, 2007. "A Pure Test for the Elasticity of Yield Spreads," The Institute for International Integration Studies Discussion Paper Series iiisdp195, IIIS. [Downloadable!]
    4. Mark Grinblatt & Jun Liu, 2002. "Debt Policy, Corporate Taxes, and Discount Rates," University of California at Los Angeles, Anderson Graduate School of Management 1049, Anderson Graduate School of Management, UCLA. [Downloadable!]
      Other versions:
    5. Francis A. Longstaff & Sanjay Mithal & Eric Neis, 2004. "Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market," NBER Working Papers 10418, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    6. Su Zhou & Mohsen Bahmani-Oskooee & Aali M. Kutan, . "Purchasing Power Parity Before And After The Adoption Of The Euro," Working Papers 0031, College of Business, University of Texas at San Antonio. [Downloadable!]
    7. Biais, Bruno & Mariotti, Thomas & Plantin, Guillaume & Rochet, Jean-Charles, 2004. "Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications," IDEI Working Papers 312, Institut d'Économie Industrielle (IDEI), Toulouse, revised Sep 2006. [Downloadable!]
      Other versions:
    8. Stavros Panageas, 2009. "Optimal taxation in the presence of bailouts," NBER Working Papers 15405, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    9. Michele Moretto & Paolo M. Panteghini, 2007. "Preemption, Start-Up Decisions and the Firms' Capital Structure," Economics Bulletin, Economics Bulletin, vol. 4(39), pages 1-14. [Downloadable!]
      Other versions:
    10. John P. Harding & Xiaozhing Liang & Stephen L. Ross, 2007. "The Optimal Capital Structure of Banks: Balancing Deposit Insurance, Capital Requirements and Tax-Advantaged Debt," Working papers 2007-29, University of Connecticut, Department of Economics, revised Feb 2008. [Downloadable!]
    11. Sugato Chakravarty & Asani Sarkar, 1999. "Liquidity in U.S. fixed income markets: a comparison of the bid-ask spread in corporate, government and municipal bond markets," Staff Reports 73, Federal Reserve Bank of New York. [Downloadable!]
    12. Stuart M. Turnbull & Jun Yang, 2004. "Modelling the Evolution of Credit Spreads in the United States," Working Papers 04-45, Bank of Canada. [Downloadable!]
    13. Max Bruche, 2006. "Estimating Structural Models Of Corporate Bond Prices," Working Papers wp2006_0610, CEMFI. [Downloadable!]
    14. Décamps, Jean-Paul & Villeneuve, Stéphane, 2008. "On the Modeling of Debt Maturity and Endogenous Default: A Caveat," IDEI Working Papers 528, Institut d'Économie Industrielle (IDEI), Toulouse.
    15. Li Chen & H. Vincent Poor, 2003. "Information Asymmetry, Corporate Debt Financing and Optimal Investment Decisions: A Reduced Form Approach," Finance 0312008, EconWPA. [Downloadable!]
    16. Darrell Duffie & Ke Wang, 2004. "Multi-Period Corporate Failure Prediction with Stochastic Covariates," NBER Working Papers 10743, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    17. Paolo Panteghini, 2006. "The Capital Structure of Multinational Companies under Tax Competition," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    18. Ilya A. Strebulaev, 2004. "Do Tests of Capital Structure Theory Mean What They Say?," Econometric Society 2004 North American Summer Meetings 646, Econometric Society. [Downloadable!]
    19. S. Ping Ho & Liang Y. Liu, 2002. "An option pricing-based model for evaluating the financial viability of privatized infrastructure projects," Construction Management & Economics, Taylor and Francis Journals, vol. 20(2), pages 143-156, March. [Downloadable!] (restricted)
    20. Bart Lambrecht & Stewart C. Myers, 2005. "A Theory of Takeovers and Disinvestment," NBER Working Papers 11082, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    21. Klimczak, Karol Marek, 2005. "Rationales for corporate risk management from stakeholders’ perspective," MPRA Paper 4242, University Library of Munich, Germany. [Downloadable!]
    22. Nengjiu Ju & Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives," NBER Working Papers 9327, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    23. Chris Downing & Richard Stanton & Nancy Wallace, 2003. "An empirical test of a two-factor mortgage valuation model: how much do house prices matter?," Finance and Economics Discussion Series 2003-42, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    24. Paolo M. Panteghini, 2004. "Neutrality Properties of Firm Taxation under Default Risk," Economics Bulletin, Economics Bulletin, vol. 8(4), pages 1-7. [Downloadable!]
    25. Jun Yang, 2008. "Macroeconomic Determinants of the Term Structure of Corporate Spreads," Working Papers 08-29, Bank of Canada. [Downloadable!]
    26. Alexander Reisz, 1999. "Temporal Resolution of Uncertainty, the Investment Policy of Levered Firms and Corporate Debt Yields," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-044, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    27. Niclas Hagelin & Bengt Pramborg, 2004. "Empirical evidence on the incentives to hedge transaction and translation exposure," Finance 0407020, EconWPA. [Downloadable!]
    28. Sudipto Sarkar, 2004. "Yield spreads, agency costs and the corporate bond call feature," European Journal of Finance, Taylor and Francis Journals, vol. 10(4), pages 308-327, August. [Downloadable!] (restricted)
    29. Marco Realdon, . "Valuation of Put Options on Leveraged Equity," Discussion Papers 03/19, Department of Economics, University of York. [Downloadable!]
    30. Rohan Churm & Nikolaos Panigirtzoglou, . "Decomposing credit spreads," Bank of England working papers 253, Bank of England. [Downloadable!]
    31. Benjamin Yibin Zhang & Hao Zhou & Haibin Zhu, 2005. "Explaining credit default swap spreads with the equity volatility and jump risks of individual firms," Finance and Economics Discussion Series 2005-63, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    32. Adriana Breccia, 2004. "Formal Bankruptcy: Strategic Debt Service with Senior and Junior Creditors," Birkbeck Working Papers in Economics and Finance 0411, Birkbeck, Department of Economics, Mathematics & Statistics. [Downloadable!]
    33. Stavros Panageas, 2009. "Bailouts, the Incentive to Manage Risk, and Financial Crises," NBER Working Papers 15058, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    34. Dirk Hackbarth & Junjian Miao & Erwan Morellec, 2005. "Capital Structure, Credit Risk, and Macroeconomic Conditions," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-005, Boston University - Department of Economics. [Downloadable!]
      Other versions:
    35. Nikola A. Tarashev, 2008. "An Empirical Evaluation of Structural Credit-Risk Models," International Journal of Central Banking, International Journal of Central Banking, vol. 4(1), pages 1-53, March. [Downloadable!]
    36. Paolo Panteghini, 2005. "S-Based Taxation under Default Risk," Working Papers ubs0506, University of Brescia, Department of Economics. [Downloadable!]
      Other versions:
    37. Paolo M. Panteghini, 2008. "Corporate Debt, Hybrid Securities and the Effective Tax Rate," Working Papers 0804, University of Brescia, Department of Economics. [Downloadable!]
      Other versions:
    38. Karine Gobert & Patrick González & Michel Poitevin & Alexandra Lai, 2002. "Bank Value and Financial Fragility," CIRANO Project Reports 2002rp-07, CIRANO. [Downloadable!]
      Other versions:
    39. Jason Hsu & Jesus Saa-Requejo & Pedro Santa-Clara, 2003. "Bond Pricing with Default Risk," University of California at Los Angeles, Anderson Graduate School of Management 1245, Anderson Graduate School of Management, UCLA. [Downloadable!]
    40. Bruno Strulovici, 2008. "Learning while voting: determinants of collective experimentation," Economics Papers 2008-W08, Economics Group, Nuffield College, University of Oxford. [Downloadable!]
    41. Lando, David & Mortensen, Allan, 2004. "On the Pricing of Step-Up Bonds in the European Telecom Sector," Working Papers 2004-9, Copenhagen Business School, Department of Finance. [Downloadable!]
    42. Jyh-Bang Jou & Tan Lee, 2004. "The agency problem, investment decision, and optimal financial structure," European Journal of Finance, Taylor and Francis Journals, vol. 10(6), pages 489-509, December. [Downloadable!] (restricted)
    43. Marco Realdon, . "Valuation of Exchangeable Convertible Bonds," Discussion Papers 03/17, Department of Economics, University of York. [Downloadable!]
    44. Kannan Thuraisamy & Gerry Gannon & Jonathan A. Batten, 2007. "Credit Spread Dynamics: Evidence from Latin America," Accounting, Finance, Financial Planning and Insurance Series 2007_13, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    45. Jianjun Miao & Neng Wang, 2004. "Risk, Uncertainty, and Option Exercise," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-136, Boston University - Department of Economics. [Downloadable!]
      Other versions:
    46. Jens Hilscher & Yves Nosbusch, 2007. "Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt," Money Macro and Finance (MMF) Research Group Conference 2006 114, Money Macro and Finance Research Group, revised 24 Apr 2007. [Downloadable!]
    47. Gordon Delianedis & Robert Geske, 1998. "Credit Risk and Risk Neutral Default Probabilities: Information About Migrations and Defaults," University of California at Los Angeles, Anderson Graduate School of Management 1114, Anderson Graduate School of Management, UCLA. [Downloadable!]
    48. Dan Covitz & Chris Downing, 2002. "Insolvency or liquidity squeeze? Explaining very short-term corporate yield spreads," Finance and Economics Discussion Series 2002-45, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    49. Dan Galai & Alon Raviv & Zvi Wiener, 2003. "Liquidation Triggers and the Valuation of Equity and Debt," Finance 0305002, EconWPA. [Downloadable!]
      Other versions:
    50. Juan Ignacio Pena & Santiago Forte, 2006. "CREDIT SPREADS: THEORY AND EVIDENCE ABOUT THE INFORMATION CONTENT OF STOCKS, BONDS AND CDSs," Business Economics Working Papers wb063310, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    51. Jean-Marc Bourgeon & Georges Dionne, 2007. "On Debt Service and Renegotiation when Debt-holders Are More Strategic," Cahiers de recherche 0729, CIRPEE. [Downloadable!]
    52. Marco Realdon, . "About Debt and the Option to Extend Debt Maturity," Discussion Papers 03/20, Department of Economics, University of York. [Downloadable!]
    53. Michael P. Ross., 1998. "Corporate Hedging: What, Why and How?," Research Program in Finance Working Papers RPF-280, University of California at Berkeley. [Downloadable!]
    54. Marco Realdon, . "Convertible Subordinated Debt Valuation and "Conversion in Distress"," Discussion Papers 03/18, Department of Economics, University of York. [Downloadable!]
    55. Chris Downing & Richard Stanton & Nancy Wallace, 2003. "An Empirical Test of a Two-Factor Mortgage Valuation Model: How Much Do House Prices Matter?," Research Program in Finance, Working Paper Series 1011, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
    56. Elisa Luciano & Wim Schoutens, 2006. "A Multivariate Jump-Driven Financial Asset Model," Carlo Alberto Notebooks 29, Collegio Carlo Alberto. [Downloadable!]
      Other versions:
    57. Jean-Charles Rochet, 2004. "Rebalancing the three pillars of Basel II," Economic Policy Review, Federal Reserve Bank of New York, issue Sep, pages 7-21. [Downloadable!]
    58. Sbuelz, A. & Guha, R., 2003. "Structural rfv: recovery form and defaultable debt analysis," Discussion Paper 37, Tilburg University, Center for Economic Research. [Downloadable!]
    59. Marco Realdon, 2006. "Valuation of the Firm's Liabilities when Equity Holders are also Creditors," Discussion Papers 06/16, Department of Economics, University of York. [Downloadable!]
    60. Hong Liu & Jianjun Miao, 2006. "Managerial Preferences, Corporate Governance, and Financial Structure," Boston University - Department of Economics - Working Papers Series WP2006-020, Boston University - Department of Economics. [Downloadable!]
    61. Sanjiv Ranjan Das & Rangarajan K. Sundaram, 1998. "A Direct Approach to Arbitrage-Free Pricing of Derivatives," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-013, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    62. Darrell Duffie & Leandro Siata & Ke Wang, 2006. "Multi-Period Corporate Default Prediction With Stochastic Covariates," NBER Working Papers 11962, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    63. Marco Realdon, . "Corporate Bond Valuation with Both Expected and Unexpected Default," Discussion Papers 03/21, Department of Economics, University of York. [Downloadable!]
    64. Daniel Rosch & Harald Scheule, 2009. "The Empirical Relation between Credit Quality, Recovery, and Correlation," Working Papers 222009, Hong Kong Institute for Monetary Research. [Downloadable!]
    65. Hui Chen & Jianjun Miao & Neng Wang, 2009. "Entrepreneurial Finance and Non-diversifiable Risk," NBER Working Papers 14848, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    66. Zhiguo He & Wei Xiong, 2009. "Dynamic Debt Runs," NBER Working Papers 15482, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    67. Georges Dionne & Sadok Laajimi & Sofiane Mejri & Madalina Petrescu, 2006. "Estimation of the Default Risk of Publicly Traded Canadian Companies," Cahiers de recherche 0613, CIRPEE. [Downloadable!]
      Other versions:
    68. Acharya, Viral V. & Davydenko, Sergei A. & Strebulaev, Ilya, 2009. "Cash Holdings and Credit Risk," CEPR Discussion Papers 7125, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    69. M. Bellalah, 2000. "A Reexamination of Corporate Risks Under Incomplete Information," THEMA Working Papers 2000-28, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
    70. Marco Realdon, 2007. "An Extended Structural Credit Risk Model (forthcoming in the Icfai Journal of Financial Risk Management; all copyrights rest with the Icfai University Press)," Discussion Papers 07/26, Department of Economics, University of York. [Downloadable!]
    71. Mauro Ghinamo & Paolo Panteghini & Federico Revelli, 2007. "FDI Determination and Corporate Tax Competition in a Volatile World," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    72. Francis Longstaff & Sanjay Mithal & Eric Neis, 2004. "Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market, previously titled: "The Credit-Default Swap Market: Is Credit Protection Priced Correctly?&qu," University of California at Los Angeles, Anderson Graduate School of Management 1176, Anderson Graduate School of Management, UCLA. [Downloadable!]
    73. Stephen Morris & Hyun Song Shin, 1999. "Coordination Risk and the Price of Debt," Cowles Foundation Discussion Papers 1241, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    74. Paolo Panteghini, 2006. "A Simple Explanation for the Unfavorable Tax Treatment of Investment Costs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    75. Pascal François, 2006. "Tax loss carry-forwards and optimal leverage," Applied Financial Economics, Taylor and Francis Journals, vol. 16(14), pages 1075-1083, October. [Downloadable!] (restricted)
    76. Landschoot, A. van, 2003. "The term structure of credit spreads on euro corporate bonds," Discussion Paper 46, Tilburg University, Center for Economic Research. [Downloadable!]
    77. Xiaozhong Liang, 2005. "The Behavior of Banks under the Deposit Insurance and Capital Requirements," Computing in Economics and Finance 2005 407, Society for Computational Economics. [Downloadable!]
    78. Décamps, Jean-Paul & Mariotti, Thomas & Rochet, Jean-Charles & Villeneuve, Stéphane, 2008. "Free Cash-Flow, Issuance Costs and Stock Price Volatility," IDEI Working Papers 518, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    79. Tarun Sabarwal, 2004. "The Non-Neutrality of Debt in Investment Timing: A New NPV Rule," Finance 0410004, EconWPA, revised 20 May 2005. [Downloadable!]
      Other versions:
    80. Santiago Forte, 2004. "Capital Structure: Optimal Leverage And Maturity Choice In A Dynamic Model," Business Economics Working Papers wb041206, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    81. Joao C. A. Teixeira, 2005. "An empirical analysis of structural models of corporate debt pricing," Finance 0505001, EconWPA. [Downloadable!]
      Other versions:
    82. Acharya, Viral V & Das, Sanjiv Ranjan & Sundaram, Rangarajan K, 2002. "Pricing Credit Derivatives with Rating Transitions," CEPR Discussion Papers 3329, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    83. Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, EconWPA. [Downloadable!]
      Other versions:

  8. Gerard Gennotte and Hayne Leland., 1991. "Low Margins, Derivative Securities, and Volatility," Research Program in Finance Working Papers RPF-211, University of California at Berkeley.

    Cited by:

    1. Tsetsekos, George & Varangis, Panos, 2000. "Lessons in Structuring Derivatives Exchanges," World Bank Research Observer, Oxford University Press, vol. 15(1), pages 85-98, February. [Downloadable!]
    2. Tsetsekos, George & Varangis, Panos, 1998. "The structure of derivatives exchanges : lessons from developed and emerging markets," Policy Research Working Paper Series 1887, The World Bank. [Downloadable!]
    3. Östblom, Göran & Berg, Charlotte, 2006. "The EMEC model: Version 2.0," Working Paper 96, National Institute of Economic Research. [Downloadable!]

  9. Hayne E. Leland., 1990. "Insider Trading: Should It Be Prohibited?," Research Program in Finance Working Papers RPF-195, University of California at Berkeley.
    Published as:

    Cited by:

    1. Bruno Jullien, 1993. "Information, stabilité des prix et bien-être," Annales d'Economie et de Statistique, ADRES, issue 32, pages 01, Octobre-D. [Downloadable!]
    2. Leonard J. Mirman & Marc Santugini, 2008. "A Financial Model of the Firm: Risk and Portfolio Selection," Cahiers de recherche 08-05, HEC Montréal, Institut d'économie appliquée, revised Sep 2009. [Downloadable!]
    3. James Dow & Itay Goldstein & Alexander Guembel, 2005. "Commitment to Overinvest and Price Informativeness," OFRC Working Papers Series 2005fe18, Oxford Financial Research Centre. [Downloadable!]
    4. Wassim Daher & Leonard J. Mirman, 2004. "Market structure and insider trading," Cahiers de la Maison des Sciences Economiques b04025, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
      Other versions:
    5. Craig Holden & Avanidhar Subrahmanyam, 1998. "New Events, Information Acquisition, and Serial Correlation," University of California at Los Angeles, Anderson Graduate School of Management 1115, Anderson Graduate School of Management, UCLA. [Downloadable!]
    6. Laura Nyantung Beny, 2005. "Do Insider Trading Laws Matter? Some Preliminary Comparative Evidence," William Davidson Institute Working Papers Series wp741, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    7. Itay Goldstein & Alexander Gümbel, 2002. "Manipulation, the allocational role of prices and production externalities," OFRC Working Papers Series 2002fe02, Oxford Financial Research Centre. [Downloadable!]
    8. Kovalenkov, Alex & Vives, Xavier, 2008. "Competitive Rational Expectations Equilibria Without Apology," CEPR Discussion Papers 7025, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    9. David Bodoff & Hugo Levecq & Hongtao Zhang, 2006. "EDGAR on the internet: The welfare effects of wider information distribution in an experimental market for risky assets," Experimental Economics, Springer, vol. 9(4), pages 361-381, December. [Downloadable!] (restricted)
    10. Julan Du & Shang-Jin Wei, 2003. "Does Insider Trading Raise Market Volatility?," IMF Working Papers 03/51, International Monetary Fund. [Downloadable!]
      Other versions:
    11. Peter-Jan Engelen & Luc Liedekerke, 2007. "The Ethics of Insider Trading Revisited," Journal of Business Ethics, Springer, vol. 74(4), pages 497-507, September. [Downloadable!] (restricted)
    12. Salman Syed Ali & Khalid Mustafa, 2001. "Testing Semi-strong Form Efficiency of Stock Market," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(4), pages 651-674. [Downloadable!]
    13. Alexander Gümbel, 2005. "Should short-term speculators be taxed, or subsidised?," Annals of Finance, Springer, vol. 1(3), pages 327-348, 08. [Downloadable!] (restricted)
    14. Medrano, Luis Angel & Vives, Xavier, 2002. "Regulating Insider Trading when Investment Matters," CEPR Discussion Papers 3292, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    15. Laura Beny, . "A Comparative Empirical Investigation of Agency and Market Theories of Insider Trading," University of Michigan John M. Olin Center for Law & Economics Working Paper Series umichlwps-1003, University of Michigan John M. Olin Center for Law & Economics. [Downloadable!]
    16. Chen, Zhaohui & Wilhelm Jr, William J, 2005. "The Industrial Organization of Financial Market Information Production," CEPR Discussion Papers 5314, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    17. Giovanni Cespa, 2007. "Information Sales and Insider Trading with Long-lived Information," CSEF Working Papers 174, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    18. Fidrmuc, Jana & Goergen, Marc & Renneboog, L.D.R., 2005. "Insider trading, news releases and ownership concentration," Discussion Paper 97, Tilburg University, Center for Economic Research. [Downloadable!]
      Other versions:
    19. Goergen, M. & Renneboog, L.D.R. & Zhang, C., 2008. "Do UK Institutional Shareholders Monitor their Investee Firms?," Discussion Paper 2008-38, Tilburg University, Center for Economic Research. [Downloadable!]
      Other versions:
    20. Antonio Bernardo & Kenneth Judd, 1997. "Efficiency of Asset Markets with Asymmetric Information," University of California at Los Angeles, Anderson Graduate School of Management 1130, Anderson Graduate School of Management, UCLA. [Downloadable!]
    21. Laura Beny, 2006. "Do Investors Value Insider Trading Laws? International Evidence," William Davidson Institute Working Papers Series wp837, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    22. Jie Hu & Thomas H. Noe, 1997. "The insider trading debate," Economic Review, Federal Reserve Bank of Atlanta, issue Q 4, pages 34-45. [Downloadable!]
    23. Juha-Pekka Kallunki & Henrik Nilsson & Janne Peltoniemi, 2009. "Regulated and unregulated insider trading around earnings announcements," European Journal of Law and Economics, Springer, vol. 27(3), pages 285-308, June. [Downloadable!] (restricted)
    24. Andrea Marcello Buffa, 2004. "Strategic Insider Trading with Imperfect Information: A Trading Volume Analysis," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 101-143, November-. [Downloadable!]
    25. Marc-Andreas Muendler, 2005. "Risk Neutral Investors Do Not Acquire Information¤," University of California at San Diego, Economics Working Paper Series 2005-10, Department of Economics, UC San Diego. [Downloadable!]
    26. Jie Hu & Thomas H. Noe, 1997. "Insider trading, costly monitoring, and managerial incentives," Working Paper 97-2, Federal Reserve Bank of Atlanta. [Downloadable!]
    27. Andrea Buffa & Giovanna Nicodano, 2006. "Should Insider Trading be Prohibited when Share Repurchases are Allowed?," Carlo Alberto Notebooks 16, Collegio Carlo Alberto. [Downloadable!]
      Other versions:
    28. Robert McGee, 2008. "Applying Ethics to Insider Trading," Journal of Business Ethics, Springer, vol. 77(2), pages 205-217, January. [Downloadable!] (restricted)
    29. Wassim Daher & Leonard J. Mirman, 2004. "Cournot duopoly and insider trading with two insiders," Cahiers de la Maison des Sciences Economiques b04077, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
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    30. Franklin Allen & Richard Herring, 2001. "Banking Regulation versus Securities Market Regulation," Center for Financial Institutions Working Papers 01-29, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]

  10. Gerard Gennotte and Hayne Leland., 1989. "Market Liquidity, Hedging and Crashes," Research Program in Finance Working Papers RPF-192, University of California at Berkeley.
    Other versions:
    Published as:

    Cited by:

    1. Milo Bianchi & Philippe Jehiel, 2008. "Bubbles and crashes with partially sophisticated investors," PSE Working Papers 2008-62, PSE (Ecole normale supérieure). [Downloadable!]
    2. John Kambhu & Til Schuermann & Kevin J. Stiroh, 2007. "Hedge funds, financial intermediation, and systemic risk," Staff Reports 291, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    3. Bertram Düring & Michel Fournié & Ansgar Jüngel, 2001. "High order compact finite difference schemes for a nonlinear Black-Scholes equation," CoFE Discussion Paper 01-07, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    4. Benjamin M. Friedman, 1996. "Economic Implications of Changing Share Ownership," NBER Working Papers 5141, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    5. Marsh, Terry A. & Takao Kobayashi, 1998. ""The Work of Fischer Black, Robert Merton, and Myron Scholes, and its Continuing Legacy"," CIRJE F-Series 98-F-4, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    6. Georges Prat & Remzi Uctum, 2006. "Anticipations, prime de risque et structure par terme des taux d'intérêt : une analyse des comportements d'experts," EconomiX Working Papers 2006-11, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
      Other versions:
    7. Tobias Adrian & Joshua Rosenberg, 2006. "Stock returns and volatility: pricing the short-run and long-run components of market risk," Staff Reports 254, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    8. Joseph Chen & Harrison Hong & Jeremy C. Stein, 2000. "Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices," NBER Working Papers 7687, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    9. Riccardo Rebonato & Valerio Gaspari, 2006. "Analysis of drawdowns and drawups in the US$ interest-rate market," Quantitative Finance, Taylor and Francis Journals, vol. 6(4), pages 297-326, August. [Downloadable!] (restricted)
    10. José M. Marín & Jacques Olivier, 2007. "The dog that did not bark: Insider trading and crashes," Working Papers 2007-20, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales. [Downloadable!]
      Other versions:
    11. Alvaro Sandroni, 1997. "Learning Rare Events," Discussion Papers 1199, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    12. Gadi Barlevy & Pietro Veronesi, 1999. "On the Possibility of Stock Market Crashes in the Absence of Portfolio Insurance," Discussion Papers 1252, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    13. Avanidhar Subrahmanyam & Sheridan Titman, 1998. "Feedback from Stock Prices to Cash Flows" (formerly called "Real Effects of Financial Market Trading)," University of California at Los Angeles, Anderson Graduate School of Management 1116, Anderson Graduate School of Management, UCLA. [Downloadable!]
    14. Ariadna Dumitrescu, 2003. "Imperfect Competition and Market Liquidity with a Supply Informed Trader," UFAE and IAE Working Papers 591.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
    15. Frey, Rüdiger, 1996. "The Pricing and Hedging of Options in Finitely Elastic Markets," Discussion Paper Serie B 372, University of Bonn, Germany. [Downloadable!]
    16. Han N. Ozsoylev, 2005. "Amplification and Asymmetry in Crashes and Frenzies," OFRC Working Papers Series 2005fe11, Oxford Financial Research Centre. [Downloadable!]
      Other versions:
    17. John Kambhu, 1997. "Interest rate options dealers' hedging in the US dollar fixed income market," Research Paper 9719, Federal Reserve Bank of New York. [Downloadable!]
    18. Philippe Bacchetta & Eric Van Wincoop, 2006. "Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle?," American Economic Review, American Economic Association, vol. 96(3), pages 552-576, June. [Downloadable!]
      Other versions:
    19. Craig H. Furfine & Eli M. Remolona, 2005. "Price discovery in a market under stress: the U.S. Treasury market in fall 1998," Working Paper Series WP-05-06, Federal Reserve Bank of Chicago. [Downloadable!]
    20. Dengta CHEN & Yinggang ZHOU, 2004. "Rational Panics, Absorbing Regime Switching and Stock Market," Econometric Society 2004 Far Eastern Meetings 680, Econometric Society. [Downloadable!]
    21. Yinggang ZHOU, 2004. "Rational Panics, Absorbing Regime Switching And Stock Market," Econometric Society 2004 Far Eastern Meetings 681, Econometric Society. [Downloadable!]
    22. Tobias Adrian, 2004. "Inference, arbitrage, and asset price volatility," Staff Reports 187, Federal Reserve Bank of New York. [Downloadable!]
      Other versions:
    23. Christian Hellwig, 2004. "Self-Fulfilling Currency Crises: The Role of Interest Rates (A.E.R., December 2006)," UCLA Economics Online Papers 338, UCLA Department of Economics. [Downloadable!]
    24. John E. Kambhu, 1998. "Dealers' hedging of interest rate options in the U.S. dollar fixed-income market," Economic Policy Review, Federal Reserve Bank of New York, issue Jun, pages 35-58. [Downloadable!]
    25. Bronka Rzepkowski, 2001. "Heterogeneous Expectations, Currency Options and the Euro/Dollar Exchange Rate," Working Papers 2001-03, CEPII research center. [Downloadable!]
    26. Frey, Rüdiger & Alexander Stremme, 1995. "Market Volatility and Feedback Effects from Dynamic Hedging," Discussion Paper Serie B 310, University of Bonn, Germany. [Downloadable!]
    27. Georges Prat & Remzi Uctum, 2006. "Economically rational expectations theory: evidence from the WTI oil price survey data," Post-Print halshs-00173113_v1, HAL. [Downloadable!]
    28. K. Ronnie Sircar, George Papanicolaou, 1998. "General Black-Scholes models accounting for increased market volatility from hedging strategies," Applied Mathematical Finance, Taylor and Francis Journals, vol. 5(1), pages 45-82, March. [Downloadable!] (restricted)
    29. Jens Grossklags & Carsten Schmidt, 2002. "Artificial Software Agents on Thin Double Auction Markets - A Human Trader Experiment," Papers on Strategic Interaction 2002-45, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    30. Jeremy Bulow & Paul Klemperer, 1991. "Rational Frenzies and Crashes," NBER Technical Working Papers 0112, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    31. Adlai Fisher, 1999. "Multivariate Stock Returns Around Extreme Events: A Reassessment of Economic Fundamentals and the 1987 Market Crash," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-071, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    32. Bronka Rzepkowski, 2003. "Order Flows, Delta Hedging and Exchange Rate Dynamics," Working Papers 2003-18, CEPII research center. [Downloadable!]
    33. David Bakstein & Sam Howison, 2002. "A Risk-Neutral Parametric Liquidity Model for Derivatives," OFRC Working Papers Series 2002mf02, Oxford Financial Research Centre. [Downloadable!]
    34. R. Andergassen, 2002. "financial contagion and asset price dynamics," Working Papers 448, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    35. Cédric Tille & Eric van Wincoop, 2008. "International Capital Flows under Dispersed Information: Theory and Evidence," NBER Working Papers 14390, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    36. Peter Temin & Joachim Voth, 2004. "Riding the South Sea Bubble," Economics Working Papers 861, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
      Other versions:
    37. Bhamra, Harjoat Singh & Uppal, Raman, 2006. "The Effect of Introducing a Non-redundant Derivative on the Volatility of Stock-Market Returns," CEPR Discussion Papers 5726, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    38. C. L. Osler, 2002. "Stop-loss orders and price cascades in currency markets," Staff Reports 150, Federal Reserve Bank of New York. [Downloadable!]
    39. Suleyman Basak & David Cass & Juan Manuel Licari & Anna Pavlova, 2006. "Multiplicity in General Financial Equilibrium with Portfolio Constraints, Second Version," PIER Working Paper Archive 06-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 17 Jul 2006. [Downloadable!]
    40. Albert Wang & Joon Chae, 2004. "Who makes markets? The Role of Dealers and Liquidity Provision," Econometric Society 2004 North American Summer Meetings 364, Econometric Society. [Downloadable!]
    41. Bertram Düring & Michel Fournié & Ansgar Jüngel, 2004. "Convergence of a high-order compact finite difference scheme for a nonlinear Black-Scholes equation," CoFE Discussion Paper 04-02, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    42. Simon van Norden & Huntley Schaller & ), 1995. "Speculative Behaviour, Regime-Switching, and Stock Market Crashes," Econometrics 9502003, EconWPA. [Downloadable!]
      Other versions:
    43. Lasse H. Pedersen & Markus Brunnermeier, 2004. "Predatory Trading," Econometric Society 2004 North American Winter Meetings 425, Econometric Society. [Downloadable!]
      Other versions:
    44. Joon Chae & Albert Wang, 2004. "Who makes market," Econometric Society 2004 Far Eastern Meetings 605, Econometric Society. [Downloadable!]
    45. David Romer, 1992. "Rational Asset Price Movements Without News," NBER Working Papers 4121, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    46. Takao Kobayashi & Hiroyuki Yamada, 2000. "Publicly Listed Parent/Subsidiary Pairs: Benchmarking to TOPIX and Market Distortion," CIRJE F-Series CIRJE-F-72, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    47. Frankel, David M., 2007. "Adaptive Expectations and Stock Market Crashes," Staff General Research Papers 12817, Iowa State University, Department of Economics. [Downloadable!]
    48. Tro Kortian, 1995. "Modern Approaches to Asset Price Formation: A Survey of Recent Theoretical Literature," RBA Research Discussion Papers rdp9501, Reserve Bank of Australia. [Downloadable!]
    49. Giovanni Cespa, 2003. "Giffen Goods and Market Making," CSEF Working Papers 97, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
      Other versions:
    50. Tomas Dvorak, 2001. "Gross Capital Flows and Asymmetric Information," Department of Economics Working Papers 189, Department of Economics, Williams College. [Downloadable!]
    51. James T. Moser, 2002. "The immediacy implications of exchange organization," Working Paper Series WP-02-09, Federal Reserve Bank of Chicago. [Downloadable!]
      Other versions:
    52. Christian Hellwig & Arijit Mukherji & Aleh Tsyvinski, 2005. "Self-Fulfilling Currency Crises: The Role of Interest Rates," NBER Working Papers 11191, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    53. Alexandra Lai, 2002. "Modelling Financial Instability: A Survey of the Literature," Working Papers 02-12, Bank of Canada. [Downloadable!]
    54. Jennifer Huang & Jiang Wang, 2008. "Liquidity and Market Crashes," NBER Working Papers 14013, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    55. Terry Marsh & Takao Kobayashi, 2001. "The Contributions of Professors Fischer Black, Robert Merton, and Myron Scholes to the Financial Services Industry," CIRJE F-Series CIRJE-F-120, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    56. Niklas Wagner & Terry Marsh, 2000. "Return-Volume Dependence and Extremes in International Equity Markets," Research Program in Finance, Working Paper Series 1002, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
      Other versions:
    57. Harrison Hong & Jeremy C. Stein, 1999. "Differences of Opinion, Rational Arbitrage and Market Crashes," NBER Working Papers 7376, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    58. Suleyman Basak & David Cass & Juan Manuel Licari & Anna Pavlova, 2006. "Multiplicity and Sunspots in General Financial Equilibrium with Portfolio Constraints," PIER Working Paper Archive 06-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
    59. Laura E. Kodres & Matthew Pritsker, 1998. "A rational expectations model of financial contagion," Finance and Economics Discussion Series 1998-48, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    60. Eric Hillebrand, 2005. "Mean Reversion Expectations and the 1987 Stock Market Crash: An Empirical Investigation," Finance 0501015, EconWPA. [Downloadable!]
    61. John Kambhu & Patricia C. Mosser, 2001. "The effect of interest rate options hedging on term-structure dynamics," Economic Policy Review, Federal Reserve Bank of New York, issue Dec, pages 51-70. [Downloadable!]
    62. Guillermo A. Calvo & Enrique G. Mendoza, 2000. "Capital-Markets Crises and Economic Collapse in Emerging Markets: An Informational-Frictions Approach," American Economic Review, American Economic Association, vol. 90(2), pages 59-64, May. [Downloadable!] (restricted)
    63. Carl Chiarella, 1992. "The Dynamics of Speculative Behaviour," Working Paper Series 13, School of Finance and Economics, University of Technology, Sydney. [Downloadable!]
    64. Joseph Zeira, 2000. "Informational overshooting, booms and crashes," Proceedings, Federal Reserve Bank of San Francisco, issue Apr. [Downloadable!]
      Other versions:
    65. David Bowman & Jon Faust, 1995. "Options, sunspots, and the creation of uncertainty," International Finance Discussion Papers 510, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:

  11. Hayne E. Leland., 1989. "LBOs and Taxes: No One to Blame But Ourselves?," Research Program in Finance Working Papers RPF-185, University of California at Berkeley.

    Cited by:

    1. Gottschalg, Oliver & Berg, Achim, 2005. "Understanding value generation in buyouts," Les Cahiers de Recherche 824, HEC Paris. [Downloadable!]
    2. Michael P. Ross., 1998. "Corporate Hedging: What, Why and How?," Research Program in Finance Working Papers RPF-280, University of California at Berkeley. [Downloadable!]
    3. Martin H. Wolfson, 1993. "Corporate Restructuring and the Budget Deficit Debate," Eastern Economic Journal, Eastern Economic Association, vol. 19(4), pages 495-520, Fall. [Downloadable!]

  12. Hayne E. Leland., 1984. "Option Pricing and Replication with Transactions Costs," Research Program in Finance Working Papers 144, University of California at Berkeley.
    Published as:

    Cited by:

    1. Terrance Odean, 1998. "Volume, Volatility, Price and Profit When All Traders Are Above Average," Finance 9803001, EconWPA. [Downloadable!]
    2. Pengguo wang, 2006. "Option Pricing with Long-Short Spreads," Frontiers in Finance and Economics, Lille Graduate School of Management, vol. 3(1), pages 1-28, June. [Downloadable!]
    3. Alejandro Islas Camargo & Francisco Venegas Martínez, 2003. "Pricing Derivatives Securities with Prior Information on Long- Memory Volatility," Economia Mexicana NUEVA EPOCA, , vol. 0(1), pages 103-134, January-J. [Downloadable!]
    4. Bertram Düring & Michel Fournié & Ansgar Jüngel, 2001. "High order compact finite difference schemes for a nonlinear Black-Scholes equation," CoFE Discussion Paper 01-07, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    5. Guidolin, Massimo & Timmermann, Allan G, 2001. "Option Prices under Bayesian Learning: Implied Volatility Dynamics and Predictive Densities," CEPR Discussion Papers 3005, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    6. Michael Monoyios & Alberto Montagnoli, 2002. "Efficient Option Pricing with Transaction Costs," Public Policy Discussion Papers 02-22, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
    7. Tak Kuen Siu, Hailiang Yang, 2000. "A PDE approach to risk measures of derivatives," Applied Mathematical Finance, Taylor and Francis Journals, vol. 7(3), pages 211-228, September. [Downloadable!] (restricted)
    8. Peter Carr & Liuren Wu, 2004. "Static Hedging of Standard Options," Finance 0409016, EconWPA. [Downloadable!]
    9. Joel Vanden, 2006. "Exact Superreplication Strategies for a Class of Derivative Assets," Applied Mathematical Finance, Taylor and Francis Journals, vol. 13(1), pages 61-87, March. [Downloadable!] (restricted)
    10. Hayne E. Leland, 1996. "Optimal Asset Rebalancing in the Presence of Transactions Costs," Finance 9610004, EconWPA, revised 29 Oct 1996. [Downloadable!]
      Other versions:
    11. Bas Peeters & Cees L. Dert & André Lucas, 2003. "Black Scholes for Portfolios of Options in Discrete Time: the Price is Right, the Hedge is wrong," Tinbergen Institute Discussion Papers 03-090/2, Tinbergen Institute. [Downloadable!]
    12. Daniel Sevcovic, 2007. "An iterative algorithm for evaluating approximations to the optimal exercise boundary for a nonlinear Black-Scholes equation," Quantitative Finance Papers 0710.5301, arXiv.org. [Downloadable!]
    13. Michael Monoyios & Alberto Montagnoli, 2002. "Efficient Option Pricing with Transaction Costs," Economics and Finance Discussion Papers 02-22, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
    14. David Prieul & Vladislav Putyatin & Tarek Nassar, 2001. "On pricing and reserving with-profits life insurance contracts," Applied Mathematical Finance, Taylor and Francis Journals, vol. 8(3), pages 145-166, September. [Downloadable!] (restricted)
    15. Bruce Tuckman & Jean-Luc Vila, 1993. "Holding Costs and Equilibrium Arbitrage," University of California at Los Angeles, Anderson Graduate School of Management 1153, Anderson Graduate School of Management, UCLA. [Downloadable!]
    16. Hayne Leland, 1999. "Optimal Portfolio Management with Transactions Costs and Capital Gains Taxes," Research Program in Finance, Working Paper Series 1005, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
    17. João Amaro de Matos & Paula Antão, 2001. "Super-replicating Bounds on European Option Prices when the Underlying Asset is Illiquid," Economics Bulletin, Economics Bulletin, vol. 7, pages 1-7. [Downloadable!]
    18. Graziella Pacelli, Maria Cristina Recchioni, Francesco Zirilli, 1999. "A hybrid method for pricing European options based on multiple assets with transaction costs," Applied Mathematical Finance, Taylor and Francis Journals, vol. 6(2), pages 61-85, June. [Downloadable!] (restricted)
    19. David Bakstein & Sam Howison, 2002. "A Risk-Neutral Parametric Liquidity Model for Derivatives," OFRC Working Papers Series 2002mf02, Oxford Financial Research Centre. [Downloadable!]
    20. Alet Roux, 2007. "The fundamental theorem of asset pricing under proportional transaction costs," Quantitative Finance Papers 0710.2758, arXiv.org. [Downloadable!]
    21. Y. M. Kabanov & M. Safarian, . "On Leland's Strategy of Option Pricing with Transaction Costs," Sonderforschungsbereich 373 1995-65, Humboldt Universitaet Berlin.
    22. Terrance Odean., 1996. "Volume, Volatility, Price and Profit When All Trader Are Above Average," Research Program in Finance Working Papers RPF-266, University of California at Berkeley. [Downloadable!]
    23. John S. Ying & Joel S. Sternberg, 2005. "The Impact of Serial Correlation on Option Prices in a Non- Frictionless Environment: An Alternative Explanation for Volatility Skew," Working Papers 05-12, University of Delaware, Department of Economics. [Downloadable!]
    24. Tzuu-Shuh Chiang & Shang-Yuan Shiu & Shuenn-Jyi Sheu, 2007. "Price systems for markets with transaction costs and control problems for some finance problems," Quantitative Finance Papers math/0702828, arXiv.org. [Downloadable!]
    25. Merton, Robert C., 1986. "Capital market theory and the pricing of financial securities," Working papers 1818-86., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
      Other versions:
    26. N. Chidambaran, 2007. "Density estimation through quasi-analytic Monte-Carlo simulation: Options arbitrage with transactions costs," Review of Quantitative Finance and Accounting, Springer, vol. 28(1), pages 101-122, January. [Downloadable!] (restricted)
    27. Elyès Jouini, 1999. "Price Functionals with Bid-Ask Spreads: An Axiomatic Approach," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-038, New York University, Leonard N. Stern School of Business-. [Downloadable!]
      Other versions:
    28. Koichi Matsumoto, 2007. "Portfolio Insurance with Liquidity Risk," Asia-Pacific Financial Markets, Springer, vol. 14(4), pages 363-386, December. [Downloadable!] (restricted)
    29. Benoit Pochard & Jean-Philippe Bouchaud, 2003. "Option pricing and hedging with minimum expected shortfall," Science & Finance (CFM) working paper archive 500029, Science & Finance, Capital Fund Management. [Downloadable!]
    30. George M. Constantinides & Stylianos Perrakis, 2002. "Stochastic Dominance Bounds on Derivative Prices in a Multiperiod Economy with Proportional Transaction Costs," NBER Working Papers 8867, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    31. Elyès Jouini & Hédi Kallal, 1999. "Viability and Equilibrium in Securities Markets with Frictions," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-036, New York University, Leonard N. Stern School of Business-. [Downloadable!]
      Other versions:
    32. Ren-Raw Chen & Oded Palmon, 2005. "A Non-Parametric Option Pricing Model: Theory and Empirical Evidence," Review of Quantitative Finance and Accounting, Springer, vol. 24(2), pages 115-134, January. [Downloadable!] (restricted)
    33. Gabriele Fiorentini & Angel León & Gonzalo Rubio, . "Short-term options with stochastic volatility: Estimation and empirical performance," Studies on the Spanish Economy 02, FEDEA. [Downloadable!]
      Other versions:
    34. Matos, Joao Amaro de & Antao, Paula, 2000. "Market Illiquidity and the Bid-Ask Spread of Derivatives," FEUNL Working Paper Series wp386, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    35. Andrew W. Lo & Jiang Wang, 1994. "Implementing Option Pricing Models When Asset Returns Are Predictable," NBER Working Papers 4720, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    36. Dwight Jaffee, 2003. "The Interest Rate Risk of Fannie Mae and Freddie Mac," Journal of Financial Services Research, Springer, vol. 24(1), pages 5-29, August. [Downloadable!] (restricted)

  13. Yuk-Shee Chan & Hayne Leland, 1983. "Prices and Qualities in Markets With Imperfect Information: A Search Model," Discussion Papers 555, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]

    Cited by:

    1. William P. Rogerson, 1985. "Price Advertising and the Deterioration of Product Quality," Discussion Papers 707, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]

  14. Hayne E. Leland., 1979. "Who Should Buy Portfolio Insurance?," Research Program in Finance Working Papers 95, University of California at Berkeley.
    Published as:

    Cited by:

    1. Frank Niehaus, 2001. "The Influence of Heterogeneous Preferences on Asset Prices in an Incomplete Market Model," Computing in Economics and Finance 2001 60, Society for Computational Economics.
      Other versions:
    2. Gollier, Christian, 2003. "Who Should we Believe? Collective Risk-Taking Decisions with Heterogeneous Beliefs," IDEI Working Papers 201, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    3. Arjen Siegmann & André Lucas, 2002. "Explaining Hedge Fund Investment Styles by Loss Aversion," Tinbergen Institute Discussion Papers 02-046/2, Tinbergen Institute. [Downloadable!]
    4. David Backus & Mikhail Chernov & Ian Martin, 2009. "Disasters implied by equity index options," NBER Working Papers 15240, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Christophe Faugere & Julian Van Erlach, 2003. "The Equity Premium: Explained by GDP Growth and Consistent with Portfolio Insurance," Finance 0311004, EconWPA. [Downloadable!]
    6. Alan J. Marcus, 1989. "An Equilibrium Theory of Excess Volatility and Mean Reversion in Stock Market Prices," NBER Working Papers 3106, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    7. Robert Shiller, 1988. "Portfolio Insurance and Other Investor Fashions as Factors in the 1987 Stock Market Crash," NBER Chapters, in: NBER Macroeconomics Annual 1988, Volume 3, pages 287-297 National Bureau of Economic Research, Inc. [Downloadable!]
    8. Gollier, Chrsitian & Zeckhauser, Richard, 2003. "Collective Investment Decision Making with Heterogeneous Time Preferences," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    9. Christian Gollier, 2003. "Collective Risk-Taking Decisions with Heterogeneous Beliefs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    10. DEGEORGE, François & JENTER, Dirk & MOEL, Alberto & TUFANO, Peter, 2000. "Selling company shares to reluctant employees : France Télécom's experience," Les Cahiers de Recherche 703, HEC Paris. [Downloadable!]
      Other versions:
    11. Frey, Rüdiger & Alexander Stremme, 1995. "Market Volatility and Feedback Effects from Dynamic Hedging," Discussion Paper Serie B 310, University of Bonn, Germany. [Downloadable!]
    12. Roland Gillet & Robert Goffin & Isabelle Nagot & Ariane Szafarz, 2006. "Stratégies d'investissement en actions et fonds à capital garanti," Working Papers CEB 06-008.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
      Other versions:
    13. Hyungsok Ahn, Antony Penaud, Paul Wilmott, 1999. "Various passport options and their valuation," Applied Mathematical Finance, Taylor and Francis Journals, vol. 6(4), pages 275-292, December. [Downloadable!] (restricted)
    14. Hayne E. Leland., 1996. "Beyond Mean-Variance: Performance Measurement of Portfolios Using Options or Dynamic Strategies," Research Program in Finance Working Papers RPF-263-rev, University of California at Berkeley. [Downloadable!]
    15. Bhamra, Harjoat Singh & Uppal, Raman, 2006. "The Effect of Introducing a Non-redundant Derivative on the Volatility of Stock-Market Returns," CEPR Discussion Papers 5726, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    16. Chiaki Hara & James Huang & Christoph Kuzmics, 2006. "Representative Consumer’s Risk Aversion and Efficient Risk-Sharing Rules," KIER Working Papers 620, Kyoto University, Institute of Economic Research. [Downloadable!]
      Other versions:
    17. Jón Daníelsson & Bjørn Jorgensen & Casper Vries & Xiaoguang Yang, 2008. "Optimal portfolio allocation under the probabilistic VaR constraint and incentives for financial innovation," Annals of Finance, Springer, vol. 4(3), pages 345-367, July. [Downloadable!] (restricted)
    18. Gollier, Christian, 2005. "Understanding Saving and Portfolio Choices with Predictable Changes in Assets Returns," IDEI Working Papers 392, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
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    19. Jens Carsten Jackwerth, 1998. "Recovering Risk Aversion from Option Prices and Realized Returns," Finance 9803002, EconWPA. [Downloadable!]
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    20. Charalambos D. Aliprantis & Rabee Tourky, 2002. "Markets That Don'T Replicate Any Option," Department of Economics - Working Papers Series 832, The University of Melbourne. [Downloadable!]
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    21. H. Ahn & A. Penaud & P. Wilmott, 1999. "Various Passport Options and Their Valuation," OFRC Working Papers Series 1999mf15, Oxford Financial Research Centre. [Downloadable!]
    22. Chiaki Hara & James Huang & Christoph Kuzmics, 2008. "Effects of Background Risks on Cautiousness with an Application to a Portfolio Choice Problem," KIER Working Papers 654, Kyoto University, Institute of Economic Research. [Downloadable!]
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    23. André de Palma & Jean-Luc Prigent, 2007. "Hedging global environment risks: An option based portfolio insurance," THEMA Working Papers 2007-09, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
    24. Christian Gollier, 2007. "Whom should we believe? Aggregation of heterogeneous beliefs," Journal of Risk and Uncertainty, Springer, vol. 35(2), pages 107-127, October. [Downloadable!] (restricted)
    25. Günter Franke & Martin Weber, 2001. "Heterogeneity of Investors and Asset Pricing in a Risk-Value World," CoFE Discussion Paper 01-08, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
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    27. Fischer Black, 1988. "An Equilibrium Model of the Crash," NBER Chapters, in: NBER Macroeconomics Annual 1988, Volume 3, pages 269-276 National Bureau of Economic Research, Inc. [Downloadable!]
    28. Chiaki Hara & James Huang & Christoph Kuzmics, 2006. "Efficient Risk-Sharing Rules with Heterogeneous Risk Attitudes and Background Risks," KIER Working Papers 621, Kyoto University, Institute of Economic Research. [Downloadable!]
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    1. George J. Mailath & Georg Noldeke, 2007. "Does Competitive Pricing Cause Market Breakdown under Extreme Adverse Selection?," PIER Working Paper Archive 07-022, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
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    2. Robert A. Korajczyk & Deborah J. Lucas & Robert L. McDonald, 1989. "Understanding Stock Price Behavior around the Time of Equity Issues," NBER Working Papers 3170, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    3. Marco Pagano, 2005. "The Modigliani-Miller Theorems: A Cornerstone of Finance," CSEF Working Papers 139, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    4. Kenbata Bangassa, 2000. "Performance Of The UK Investment Trust IPO's," Research Papers 2000_20, University of Liverpool Management School. [Downloadable!]
    5. Georges Dionne, 2003. "The Foundationsof Banks' Risk Regulation: A Review of Literature," THEMA Working Papers 2003-46, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
    6. Clara Cardone & Maria-Jose Casasola & Margarita Samartin, 2005. "Do Banking Relationships Improve Credit Conditions For Spanish Smes?," Business Economics Working Papers wb052806, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    7. Nils Herger, 2008. "Are Spectral Estimators Useful for Implementing Long-Run Restrictions in SVARs?," Working Papers 08.04, Swiss National Bank, Study Center Gerzensee. [Downloadable!]
    8. Hirukawa, Masayuki & Ueda, Masako, 2008. "Venture Capital and Industrial ''Innovation''," CEPR Discussion Papers 7089, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    9. Philip E. Strahan, 1999. "Borrower risk and the price and nonprice terms of bank loans," Staff Reports 90, Federal Reserve Bank of New York. [Downloadable!]
    10. Pástor, Luboš & Taylor, Lucian & Veronesi, Pietro, 2007. "Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability," CEPR Discussion Papers 6061, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    11. Clara Cardone & María J. Casasola, 2003. "What Do We Know About The Financial Behaviour Of The Spanish Sme?: An Empirical Analysis," Business Economics Working Papers wb033708, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    12. Arup Daripa & Simone Varotto, 2005. "Ex Ante Versus Ex Post Regulation of Bank Capital," Birkbeck Working Papers in Economics and Finance 0518, Birkbeck, Department of Economics, Mathematics & Statistics. [Downloadable!]
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    13. Kwang Soo Cheong, 1997. "Corporate Income Taxation and Signaling," Working Papers 199713, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    14. Rahnema, Ahmad & Fernández, Pablo, 1993. "Initial public offerings (IPOs): The Spanish experience," IESE Research Papers D/243, IESE Business School. [Downloadable!]
    15. Cronqvist, Henrik & Nilsson, Mattias, 2001. "The choice between rights offerings and private equity placements," Working Paper Series in Economics and Finance 0452, Stockholm School of Economics, revised 21 Jan 2002.
    16. Graff, Richard A. & Kairys, Jr. Joseph P., 2005. "Property Rights, Risk and Leverage," Working Papers in Economics 183, Göteborg University, Department of Economics. [Downloadable!]
    17. Acharya, Viral V & Bisin, Alberto, 2002. "Entrepreneurial Incentives in Stock Market Economies," CEPR Discussion Papers 3474, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    18. Brounen, D. & Jong, A. de & Koedijk, C.G., 2005. "Capital Structure Policies in Europe: Survey Evidence," Research Paper ERS-2005-005-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    19. Bruno Biais & Thomas Mariotti, 2003. "Strategic Liquidity Supply and Security Design," STICERD - Theoretical Economics Paper Series 445, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
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    20. Petrick, Martin, 2004. "Governing Structural Change And Externalities In Agriculture: Toward A Normative Institutional Economics Of Rural Development," IAMO Discussion Papers 14878, Institute of Agricultural Development in Central and Eastern Europe (IAMO). [Downloadable!]
    21. George S. Oldfield & Anthony M. Santomero, 1997. "The Place of Risk Management in Financial Institutions," Center for Financial Institutions Working Papers 95-05, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
    22. Jeffrey I. Bernstein & M. Ishaq Nadiri, 1993. "Production, Financial Structure and Productivity Growth in U.S. Manufacturing," NBER Working Papers 4309, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    23. George J. Mailath & Georg Noldeke, 2006. "Extreme Adverse Selection, Competitive Pricing, and Market Breakdown," Cowles Foundation Discussion Papers 1573, Cowles Foundation, Yale University. [Downloadable!]
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    24. Kenji Ketsuna & Janet Kiholm Smith & Richard L. Smith, 2003. "Banking Relationships and Access to Equity Capital Markets: Evidence from Japan’s Main Bank System," Claremont Colleges Working Papers 2003-09, Claremont Colleges. [Downloadable!]
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    25. Marianne Gizycki & Brenton Goldsworthy, 1999. "Australian Banking Risk: The Stock Market's Assessment and the Relationship Between Capital and Asset Volatility," RBA Research Discussion Papers rdp1999-09, Reserve Bank of Australia. [Downloadable!]
    26. Iris Claus & Christie Smith, 1999. "Financial intermediation and the monetary transmission mechanism," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, December. [Downloadable!]
    27. Ongena, S. & Smith, D.C. & Michalsen, D., 2000. "Distressed relationships : lessons from the Norwegian banking crisis (1988-1991)," Discussion Paper 13, Tilburg University, Center for Economic Research. [Downloadable!]
    28. Belén Gill de Albornoz & Peter F. Pope, 2004. "The Determinants Of The Going Public Decision: Evidence From The U.K," Working Papers. Serie AD 2004-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    29. Leonardo Gambacorta, 2004. "How Do Banks Set Interest Rates?," NBER Working Papers 10295, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    30. Nigel Driffield & Vidya Mahambare & Sarmistha Pal, 2005. "How Ownership Structure Affects Capital Structure and Firm Performance? Recent Evidence from East Asia," Finance 0505010, EconWPA. [Downloadable!]
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    31. Pablo de Andrés Alonso & Félix J. López Iturriaga & Juan A. Rodríguez Sanz, 2005. "Financial decisions and growth opportunities: a Spanish firm's panel data analysis," Applied Financial Economics, Taylor and Francis Journals, vol. 15(6), pages 391-407, March. [Downloadable!] (restricted)
    32. Stanley D. Longhofer & João A.C. Santos, 1998. "The importance of bank seniority for relationship lending," Working Paper 9808, Federal Reserve Bank of Cleveland. [Downloadable!]
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    34. Iris Claus & Arthur Grimes, 2003. "Asymmetric Information, Financial Intermediation and the Monetary Transmission Mechanism: A Critical Review," Treasury Working Paper Series 03/19, New Zealand Treasury. [Downloadable!]
    35. Yuliya Demyanyk & Charlotte Ostergaard & Bent E. Sørensen, 2006. "FU.S. banking deregulation, small businesses, and interstate insurance of personal income," Working Paper 2006/09, Norges Bank. [Downloadable!]
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    36. Bronwyn H. Hall, 1992. "Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?," NBER Working Papers 4096, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    38. Felipe Zurita, 2004. "Essays on Speculation," Levine's Working Paper Archive 618897000000000849, David K. Levine. [Downloadable!]
    39. David J Ravenscraft & William F Long, 1993. "LBOs, Debt And R&D Intensity," Working Papers 93-3, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    40. Jullien, Bruno & Mariotti, Thomas, 2002. "Auction and the Informed Seller Problem," IDEI Working Papers 145, Institut d'Économie Industrielle (IDEI), Toulouse, revised Oct 2004. [Downloadable!]
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    41. Benjamin C. Esty & William L. Megginson, 2002. "Legal risk as a determinant of syndicate structure in the project finance loan market," Proceedings, Federal Reserve Bank of Chicago, issue May, pages 335-363. [Downloadable!]
    42. Martimort, David & Pouyet, Jérôme, 2006. "'Build It or Not': Normative and Positive Theories of Public-Private Partnerships," CEPR Discussion Papers 5610, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    43. Diana Marina Del COlle, & Paolo Finaldi Russo & Andrea Generale, 2006. "The Causes and Consequences of Venture Capital Financing. An Analysis based on a Sample of Italian Firms," Temi di discussione (Economic working papers) 584, Bank of Italy, Economic Research Department. [Downloadable!]
    44. Anna P. I. Vong, 2006. "Rate of subscription and after-market volatility in Hong Kong IPOs," Applied Financial Economics, Taylor and Francis Journals, vol. 16(16), pages 1217-1224, November. [Downloadable!] (restricted)
    45. Glenn Hoggarth & Ricardo Reis & Victoria Saporta, . "Costs of banking system instability: some empirical evidence," Bank of England working papers 144, Bank of England. [Downloadable!]
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    46. Rodolphe Blavy, 2005. "Monitoring and Commitment in Bank Lending Behavior," IMF Working Papers 05/222, International Monetary Fund. [Downloadable!]
    47. Stéphanie Stolz, 2002. "The Relationship between Bank Capital, Risk-Taking, and Capital Regulation: A Review of the Literature," Kiel Working Papers 1105, Kiel Institute for the World Economy. [Downloadable!]
    48. Martimort, D. & Sand-Zantman, W., 2004. "Signaling and the Design of Delegated Management for Public Utilities," Cahiers du LASER (LASER Working Papers) 2004.11, LASER (Laboratoire de Science Economique de Richter), Faculty of Economics, University of Montpellier 1. [Downloadable!]
    49. Tereza Tykvová, 2003. "The Role of the Value Added by the Venture Capitalists in Timing and Extent of IPOs," CFS Working Paper Series 2003/25, Center for Financial Studies. [Downloadable!]
    50. Panetta, Fabio & Schivardi, Fabiano & Shum, Matthew, 2005. "Do Mergers Improve Information? Evidence from the Loan Market," CEPR Discussion Papers 4961, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    51. Ouidad Yousfi, 2009. "Leveraged Buy Out: Dynamic agency model with write-off option," EconomiX Working Papers 2009-13, University of Paris West - Nanterre la Défense, EconomiX. [Downloadable!]
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    55. W. Scott Frame & Lawrence J. White, 2009. "Technological change, financial innovation, and diffusion in banking," Working Paper 2009-10, Federal Reserve Bank of Atlanta. [Downloadable!]
    56. Calcagno, R., 2000. "Is leverage effective in increasing performance under managerial moral hazard?," Discussion Paper 101, Tilburg University, Center for Economic Research. [Downloadable!]
    57. Francois, Joseph & Schuknecht, Ludger, 1999. "Trade in Financial Services: Procompetitive Effects and Growth Performance," CEPR Discussion Papers 2144, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    58. Akçomak, I. Semih & ter Weel, Bas, 2008. "Social Capital, Innovation and Growth: Evidence from Europe," IZA Discussion Papers 3341, Institute for the Study of Labor (IZA). [Downloadable!]
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    59. Pekka Mannonen, 2001. "Advancing information technology and financial intermediation," Discussion Papers 770, The Research Institute of the Finnish Economy. [Downloadable!]
    60. Michael J. Fishman, 1986. "Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions," Discussion Papers 688, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    61. Nancy T. Gallini & Nancy A. Lutz, 1991. "Dual Distribution in Franchising," Cowles Foundation Discussion Papers 973, Cowles Foundation, Yale University. [Downloadable!]
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    63. Bruce C. Greenwald & Joseph E. Stiglitz, 1994. "Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior," NBER Working Papers 3359, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    64. C. Mónica Capra & Matilde Fernández & Irene Ramírez-Comeig, 2005. "Moral Hazard and Collateral as Screening Device: Empirical and Experimental Evidence," Emory Economics 0505, Department of Economics, Emory University (Atlanta). [Downloadable!]
    65. Kho, Bong-Chan & Stulz, Rene M. & Warnock, Francis E., 2006. "Financial Globalization, Governance, and the Evolution of the Home Bias," Working Paper Series 2006-12, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
    66. Jack Mintz, 1995. "Corporation tax: a survey," Fiscal Studies, Institute for Fiscal Studies, vol. 16(4), pages 23-68, November. [Downloadable!]
    67. Singh, Rupinder, 2000. "Bank Regulation, Compliance and Enforcement," BOFIT Discussion Papers 2/2000, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
    68. Franklin Allen & Anthony M. Santomero, 1996. "The Theory of Financial Intermediation," Center for Financial Institutions Working Papers 96-32, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
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    69. Audretsch, David B & Bönte, Werner & Mahagaonkar, Prashanth, 2009. "Financial Signalling by Innovative Nascent Entrepreneurs," CEPR Discussion Papers 7165, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    70. Michele Bagella & Leonardo Becchetti & Stefano Caiazza, 2002. "Cultures, Finance And Growth," Departmental Working Papers 157, Tor Vergata University, CEIS. [Downloadable!]
    71. Meuleman, M. & De Maeseneire, W., 2008. "Do R&D subsidies affect SME's: access to external financing," Vlerick Leuven Gent Management School Working Paper Series 2008-12, Vlerick Leuven Gent Management School. [Downloadable!]
    72. Richard Kum-yew Lai, 2005. "Inventory Signals," Microeconomics 0509001, EconWPA. [Downloadable!]
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    73. Anjan V. Thakor & Richard Callaway, 2004. "Costly Information Production Equilibria in the Bank Credit Market with Applications to Credit Rationing," Finance 0411030, EconWPA. [Downloadable!]
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    74. Karine Gobert, 2001. "Capital Structure and Risk Management," CIRANO Working Papers 2001s-51, CIRANO. [Downloadable!]
    75. Jean Helwege & Christo Pirinsky & René M. Stulz, 2005. "Why Do Firms Become Widely Held? An Analysis of the ynamics of Corporate Ownership," NBER Working Papers 11505, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    76. Ant Bozkaya & Bruno Van Pottelsberghe, 2004. "Who Funds Technology-Based Small Firms? Evidence from Belgium," Working Papers CEB 04-027.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
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    78. Paul Mizen & Cihan Yalcin, 2006. "Monetary Policy, Corporate Financial Composition and Real Activity," Working Papers 0601, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
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    80. Paul B. McGuinness & Michael J. Ferguson, 2005. "The ownership structure of listed Chinese State-owned enterprises and its relation to corporate performance," Applied Financial Economics, Taylor and Francis Journals, vol. 15(4), pages 231-246, February. [Downloadable!] (restricted)
    81. Suijs, J., 2001. "Voluntary disclosure and risk sharing," Discussion Paper 90, Tilburg University, Center for Economic Research. [Downloadable!]
    82. Samy Ben Naceur & Mohamed Goaied, 2004. "The value relevance of accounting and financial information: panel data evidence," Applied Financial Economics, Taylor and Francis Journals, vol. 14(17), pages 1219-1224, November. [Downloadable!] (restricted)
    83. Martynova, M. & Renneboog, L.D.R., 2008. "What Determines the Financing Decision in Corporate Takeovers: Cost of Capital, Agency Problems or the Means of Payment?," Discussion Paper 2008-66, Tilburg University, Center for Economic Research. [Downloadable!]
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    84. Eschenbach, Felix & Francois, Joseph, 2002. "Financial Sector Competition, Services Trade, and Growth," CEPR Discussion Papers 3573, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    85. Fohlin, Caroline, 1998. "Financing Decisions and Corporate Capital Structure in the Later Stages of the German Industrialization," Working Papers 1030, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    86. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2007. "The Economic Consequences of Legal Origins," NBER Working Papers 13608, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    87. José Pablo Dapena, 2006. "Volatility of GDP, macro applications and policy implications of real options for structure of capital Markets," CEMA Working Papers: Serie Documentos de Trabajo. 320, Universidad del CEMA. [Downloadable!]
    88. Hirukawa, Masayuki & Ueda, Masako, 2008. "Venture Capital and Innovation: Which is First?," CEPR Discussion Papers 7090, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    89. Nicholas Economides & R. Glenn Hubbard & Darius Palia, 1996. "The Political Economy of Branching Restrictions and Deposit Insurance: A Model of Monopolistic Competition among Small and Large Banks," NBER Working Papers 5210, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    93. Frank Lin & Gerard Gannon, 2007. "Private Placement and Share Price Reaction: Evidence from the Australian Biotechnology and Health Care Sector," Accounting, Finance, Financial Planning and Insurance Series 2007_05, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    94. J. Christina Wang, 2003. "Loanable funds, risk, and bank service output," Working Papers 03-4, Federal Reserve Bank of Boston. [Downloadable!]
    95. Bruno Biais & Christophe Bisiere & Jean-Paul Decamps, 2000. "A Structural Econometric Investigation of the Agency Theory of Financial Structure," Econometric Society World Congress 2000 Contributed Papers 0817, Econometric Society. [Downloadable!]
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    99. Tykvová, Tereza, 2003. "Is the Behavior of German Venture Capitalists Different? : Evidence from the Neuer Markt," ZEW Discussion Papers 03-44, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
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    102. Zhao, Jianmei & Katchova, Ani L. & Barry, Peter J., 2004. "Testing The Pecking Order Theory And The Signaling Theory For Farm Businesses," 2004 Annual meeting, August 1-4, Denver, CO 20215, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    103. Pekka Mannonen, 2002. "The Strategic Response of Banks to an Exogenous Positive Information Shock in the Credit Markets," Discussion Papers 830, The Research Institute of the Finnish Economy. [Downloadable!]
    104. Manuel Ammann & Ralf Seiz & Martin Zulauf, 2006. "Nennwertrückzahlungen am Schweizer Aktienmarkt und ihre Auswirkungen auf den Unternehmenswert," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 142(IV), pages 447–477, December. [Downloadable!]
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    110. Andrew Ellul & Marco Pagano, 2003. "IPO underpricing and after-market liquidity," CSEF Working Papers 99, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
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    111. Gerhard Clemenz & Mona Ritthaler, 1992. "Credit markets with asymmetric information : a survey," Finnish Economic Papers, Finnish Economic Association, vol. 5(1), pages 12-26, Spring. [Downloadable!]
    112. Turvey, Calum, 2002. "Can Hysteresis And Real Options Explain The Farmland Valuation Puzzle?," Working Papers 34131, University of Guelph, Department of Food, Agricultural and Resource Economics. [Downloadable!]
    113. Viet Anh Dang, 2005. "Testing the Trade-off and Pecking Order Theory: Some UK Evidence," Money Macro and Finance (MMF) Research Group Conference 2005 28, Money Macro and Finance Research Group. [Downloadable!]
    114. Dahlquist, Magnus & Pinkowitz, Lee & Stulz, René M. & Williamson, Rohan, 2002. "Corporate Governance and the Home Bias," SIFR Research Report Series 11, Institute for Financial Research. [Downloadable!]
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    115. Hiriart, Yolande, 2004. "L'utilisation du droit pénal en matière environnementale," IDEI Working Papers 326, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    116. Pablo de Andrés-Alonso & Valentín Azofra-Palenzuela & Juan A. Rodríguez-Sanz, 2000. "Endeudamiento, oportunidades de crecimiento y estructura contractual: un contraste empírico para el caso español," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 641-679, September. [Downloadable!]
    117. Campbell R. Harvey & Karl V. Lins & Andrew H. Roper, 2001. "The Effect of Capital Structure When Expected Agency Costs are Extreme," NBER Working Papers 8452, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    118. Sílvia Mourthé Valadares & Ricardo Pereira Câmara Leal, 2000. "Ownership And Control Structure Of Brazilian Companies," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 3(1), pages 29-56. [Downloadable!]
    119. Rachel Hayes & Scott Schaefer, 2000. "Bonuses and Non-Public Information in Publicly Traded Firms," Econometric Society World Congress 2000 Contributed Papers 1550, Econometric Society. [Downloadable!]
    120. Gianfranco Atzeni & C. Piga, 2003. "Credit Rationing in High-Tech firms and sample selection," Working Paper CRENoS 200304, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia. [Downloadable!]
    121. Takalo , Tuomas & Tanayama , Tanja, 2008. "Adverse selection and financing of innovation: is there a need for R&D subsidies?," Research Discussion Papers 19/2008, Bank of Finland. [Downloadable!]
    122. Fernando Lefort & Eduardo Walker, 2000. "Ownership And Capital Structure Of Chilean Conglomerates:Facts And Hypotheses For Governance," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 3(1), pages 3-27. [Downloadable!]
    123. Claudia M. Buch & John C. Driscoll & Charlotte Ostergaard, 2005. "Cross-border diversification in bank asset portfolios," Working Paper Series 429, European Central Bank. [Downloadable!]
      Other versions:
    124. Annalisa Castelli & Gerald P. Dwyer, Jr. & Iftekhar Hasan, 2006. "Bank relationships and small firms’ financial performance," Working Paper 2006-05, Federal Reserve Bank of Atlanta. [Downloadable!]
    125. Marcel Gérard & Frédéric Verscueren, 2002. "Finance, uncertainty and investment: assessing the gains and losses of a generalized non linear structural approach using Belgian panel data," Research series 200205-7, National Bank of Belgium. [Downloadable!]
    126. Ahron R. Ofer & Anjan V. Thakor, 2004. "A Theory of Stock Price Responses to Alternative Corporate Cash Disbursement Methods: Stock Repurchase and Dividends," Finance 0411031, EconWPA. [Downloadable!]
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    127. Brounen, D. & Jong, A. de & Koedijk, C.G., 2004. "Corporate Finance In Europe Confronting Theory With Practice," Research Paper ERS-2004-002-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    128. Robert B. Avery & Allen N. Berger, 1990. "Risk-based capital and deposit insurance reform," Working Paper 9101, Federal Reserve Bank of Cleveland. [Downloadable!]
      Other versions:
    129. Bodil O. Hansen & Hans Keiding, 2004. "Financial Intermediation, Moral Hazard, And Pareto Inferior Trade," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 5(2), pages 189-219. [Downloadable!]
    130. Arnoud W.A. Boot & Anjolein Schmeits, 1996. "Market Discipline in Conglomerate Banks: Is an Internal Allocation of Cost of Capital Necessary as an Incentive Device?," Center for Financial Institutions Working Papers 96-39, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
    131. Capasso, Salvatore, 2006. "Stock Market Development and Economic Growth," Working Papers RP2006/102, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    132. SylvieCieply & Bernard Paranque & ., 1997. "French manufacturing firms and the capital gap since1985 - a credit rationing approach," Finance 9708002, EconWPA, revised 29 Oct 2000. [Downloadable!]
    133. Charles W. Calomiris & R. Glenn Hubbard, 1990. "Firm Heterogeneity, Internal Finance, and `Credit Rationing'," NBER Working Papers 2497, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    134. Tracy R. Lewis & David E. M. Sappington, 2000. "Motivating Wealth-Constrained Actors," American Economic Review, American Economic Association, vol. 90(4), pages 944-960, September. [Downloadable!] (restricted)
    135. Timothy Riddiough, 2001. "Intermediation, Standardization and Learning in Financial Markets: Some Evidence and Implications," Wisconsin-Madison CULER working papers 01-09, University of Wisconsin Center for Urban Land Economic Research. [Downloadable!]
    136. Salman Shah & Anjan V. Thakor, 2004. "Private versus Public Ownership: Investment, Ownership Distribution, and Optimality," Finance 0411026, EconWPA. [Downloadable!]
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    137. Michael Breuer, 2001. "Finanzintermediaere - Groessennachteile und Spezialisierungsvorteile," Working Papers 0103, University of Zurich, Socioeconomic Institute. [Downloadable!]
    138. Gianfranco Atzeni & Claudio Piga, 2005. "R&D investment, Credit Rationing and Sample Selection," Discussion Paper Series 2005_6, Department of Economics, Loughborough University, revised Jun 2005. [Downloadable!]
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    139. Correia da Silva, L. & Goergen, M. & Renneboog, L.D.R., 2002. "When do German firms change their dividends?," Discussion Paper 56, Tilburg University, Center for Economic Research. [Downloadable!]
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    140. Philip H. Dybvig & Jaime F. Zender, 1988. "Capital Structure and dividend Irrelevance with Asymmetric Information," Cowles Foundation Discussion Papers 878, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    141. Dessein, Wouter, 2002. "Information and Control in Alliances and Ventures," CEPR Discussion Papers 3418, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    142. Michael Magill, 2000. "Equity, Options and Efficiency in the Presence of Moral Hazard," Econometric Society World Congress 2000 Contributed Papers 1845, Econometric Society. [Downloadable!]
    143. Anthony M. Santomero & John J. Seater, 1999. "Is There an Optimal Size for the Financial Sector," Center for Financial Institutions Working Papers 98-35, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
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    144. A.M.C. van der Zwet & J. Swank, 2000. "Financial Fragility and Macroeconomic Performance. A Comparison ofEmerging and Highly Developed Countries," DNB Staff Reports (discontinued) 52, Netherlands Central Bank. [Downloadable!]
    145. John G. Riley, 1984. "Competitive Signalling Reconsidered," UCLA Economics Working Papers 294, UCLA Department of Economics. [Downloadable!]
    146. Jack M. Mintz, 2000. "Taxation of Investment and Finance in an International Setting: Implications for Tax Competition," CoFE Discussion Paper 00-33, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    147. Richard W. Kopcke, 1991. "The capitalization and portfolio risk of insurance companies," Working Papers 91-3, Federal Reserve Bank of Boston. [Downloadable!]
    148. Junfu Zhang, 2007. "The Advantage of Experienced Start-Up Founders in Venture Capital Acquisition: Evidence from Serial Entrepreneurs," IZA Discussion Papers 2964, Institute for the Study of Labor (IZA). [Downloadable!]
    149. Roberto Tamborini, 2008. "The macroeconomics of imperfect capital markets. Whither saving-investment imbalances?," Department of Economics Working Papers 0815, Department of Economics, University of Trento, Italia. [Downloadable!]
    150. Beat Reber & Caroline Fong, 2006. "Explaining mispricing of initial public offerings in Singapore," Applied Financial Economics, Taylor and Francis Journals, vol. 16(18), pages 1339-1353, December. [Downloadable!] (restricted)
    151. Gavin C Reid, 1993. "The Survival of Small Business Enterprise," CRIEFF Discussion Papers 9309, Centre for Research into Industry, Enterprise, Finance and the Firm. [Downloadable!]
    152. Nigel Driffield & Vidya Mahambare & Sarmistha Pal, 2004. "Dynamic Adjustment of Corporate Leverage: Is there a lesson to learn from the Recent Asian Crisis?," Finance 0405007, EconWPA. [Downloadable!]
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    153. Branko Urosevic, 2001. "Moral Hazard and Dynamics of Insider Ownership Stakes," Economics Working Papers 787, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2004. [Downloadable!]
    154. Antonio Nicolo’ & Loriana Pelizzon, 2006. "Credit Derivatives, Capital Requirements and Opaque OTC Markets," Working Papers 2006_58, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
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    155. Ari Hyytinen & Otto Toivanen, 2000. "Monitoring and Market Power in Credit Markets," Econometric Society World Congress 2000 Contributed Papers 1879, Econometric Society. [Downloadable!]
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    156. Sanjiv Sabherwal & Stephen D. Smith, 1999. "Concentrated shareholdings and the number of outside analysts," Working Paper 99-7, Federal Reserve Bank of Atlanta. [Downloadable!]
    157. Ana María Olaya, 2002. "Las finanzas en la frontera del conocimiento," BORRADORES DE INVESTIGACIÓN 003114, UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA. [Downloadable!]
    158. Brett Titman, 1983. "The Role of Capital Expenditures in Signalling Firm Value," University of California at Los Angeles, Anderson Graduate School of Management 1227, Anderson Graduate School of Management, UCLA. [Downloadable!]
    159. Mayur, Manas & Kumar, Manoj, 2006. "An Empirical Investigation of Going Public Decision of Indian Companies," MPRA Paper 1801, University Library of Munich, Germany. [Downloadable!]
    160. Bronwyn H. Hall & Josh Lerner, 2009. "The Financing of R&D and Innovation," NBER Working Papers 15325, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    161. Juan Cruces & Enrique Kawamura, 2005. "Transacciones basadas en información privilegiada y conducción empresarial en América Latina," RES Working Papers 3207, Inter-American Development Bank, Research Department. [Downloadable!]
    162. Victor Gonzalez, 1997. "La valoración por el mercado de capitales español de la financiación bancaria y de las emisiones de obligaciones," Investigaciones Economicas, Fundación SEPI, vol. 21(1), pages 111-128, January. [Downloadable!]
    163. Bernardo Batiz-Lazo & Douglas Wood, 2003. "Corporate strategy for Mexican banks and market contestability," Industrial Organization 0301014, EconWPA. [Downloadable!]
    164. J. Christina Wang & Susanto Basu & John G. Fernald, 2008. "A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output," NBER Working Papers 14616, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    165. G. Pelloni, 2004. "On the Role of Human Capital and Instruments of Assistance for Rural Entrepreneurship and Development: Evidence from A Case Study Mountainous Italy; Author-Name: N. Meccheri," Working Papers 504, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    166. Juan Cruces & Enrique Kawamura, 2005. "Insider Trading and Corporate Governance in Latin America," RES Working Papers 3206, Inter-American Development Bank, Research Department. [Downloadable!]
    167. George Izzo, 2000. "Cognitive Moral Development and Real Estate Practitioners," Journal of Real Estate Research, American Real Estate Society, vol. 20(1), pages 179-188. [Downloadable!]
    168. Nicola Cetorelli & Pietro F. Peretto, 2009. "Credit quantity and credit quality: bank competition and capital accumulation," Staff Reports 375, Federal Reserve Bank of New York. [Downloadable!]
    169. Renneboog, L.D.R. & Szilagyi, Peter G., 2006. "Corporate restructuring and bondholder wealth," Discussion Paper 23, Tilburg University, Center for Economic Research. [Downloadable!]
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    170. R. Glenn Hubbard & Anil Kashyap, 1990. "Internal Net Worth and the Investment Process: An Application to U.S. Agriculture," NBER Working Papers 3339, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    171. Richard W. Kopcke, 2000. "Deposit insurance, capital requirements, and financial stability," Working Papers 00-3, Federal Reserve Bank of Boston. [Downloadable!]
    172. Bruce C. Greenwald & Joseph E. Stiglitz, 1991. "Financial Market Imperfections and Productivity Growth," NBER Working Papers 2945, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    173. Clara Cardone-Riportella & Leonardo Cazorla-Papis, 2001. "NEW APPROACHES TO THE ANALYSIS OF THE CAPITAL STRUCTURE OF SME´s: EMPIRICAL EVIDENCE FROM SPANISH FIRMS," Business Economics Working Papers wb011003, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    174. Nicola Cetorelli & Pietro F. Peretto, 2000. "Oligopoly banking and capital accumulation," Working Paper Series WP-00-12, Federal Reserve Bank of Chicago. [Downloadable!]
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    175. Sheridan Titman & Brett Trueman, 1984. "The Informational Impact of Auditor Choice," University of California at Los Angeles, Anderson Graduate School of Management 1225, Anderson Graduate School of Management, UCLA. [Downloadable!]
    176. Goergen, M. & Renneboog, L.D.R., 1999. "Prediction of ownership and control concentration in German and UK initial public offerings," Discussion Paper 103, Tilburg University, Center for Economic Research. [Downloadable!]
    177. Marion Hutchinson, 2001. "A Contracting-Agency Analysis of the Association between Firm Risk, Incentives and Firm Performance: An Australian Perspective," Accounting, Finance, Financial Planning and Insurance Series 2001_05, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    178. Sean Nicholson & Patricia M. Danzon & Jeffrey McCullough, 2002. "Biotech-Pharmaceutical Alliances as a Signal of Asset and Firm Quality," NBER Working Papers 9007, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    179. Samy Ben Naceur and Mohamed Goaied, . "The Value Creation Process in the Tunisia Stock Exchange," API-Working Paper Series 9903, Arab Planning Institute - Kuwait, Information Center. [Downloadable!]
    180. Helwege, Jean & Pirinsky, Christo & Stulz, Rene M., 2005. "Why Do Firms Become Widely Held? An Analysis of the Dynamics of Corporate Ownership," Working Paper Series 2005-14, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
    181. Antonio Nicolo' & Loriana Pelizzon, 2005. "Credit Derivatives: Capital Requirements and Strategic Contracting," "Marco Fanno" Working Papers 0006, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
    182. Cécile Carpentier & Jean-François L'Her & Jean-Marc Suret, 2004. "Le placement privé dans les sociétés ouvertes : dimensions réglementaires, économiques et financières," CIRANO Working Papers 2004s-46, CIRANO. [Downloadable!]
    183. Yoshiro Miwa & J. Mark Ramseyer, 2003. "Does Relationship Banking Matter? Japanese Bank-Borrower Ties in Good Times and Bad," CIRJE F-Series CIRJE-F-239, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    184. Marco Pagano & Fabio Panetta & Luigi Zingales, 1995. "Why Do Companies Go Public? An Empirical Analysis," NBER Working Papers 5367, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    185. L. de Haan & J. Hinloopen, 1999. "Debt or equity? An empirical study of security issues by Dutch companies," WO Research Memoranda (discontinued) 577, Netherlands Central Bank, Research Department. [Downloadable!]
    186. Casolaro, Luca & Focarelli, Dario & Pozzolo, Alberto Franco, 2003. "The Pricing Effect of Certification on Bank Loans: Evidence from the Syndicated Credit Market," Economics & Statistics Discussion Papers esdp03010, University of Molise, Dept. SEGeS. [Downloadable!]
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    187. Jiawei Chen, 2006. "Two-Sided Matching and Spread Determinants in the Loan Market," Working Papers 060702, University of California-Irvine, Department of Economics. [Downloadable!]
    188. Acharya, Viral V & Volpin, Paolo, 2008. "Corporate Governance Externalities," CEPR Discussion Papers 6627, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    189. Wagner, W., 2002. "Divestment, entrepreneurial incentives and the decision to go public," Discussion Paper 47, Tilburg University, Center for Economic Research. [Downloadable!]
    190. Elizabeth S. Laderman & Ronald H. Schmidt & Gary C. Zimmerman, 1991. "Location, branching, and bank portfolio diversification: the case of agricultural lending," Economic Review, Federal Reserve Bank of San Francisco, issue Win, pages 24-38. [Downloadable!]
    191. Hansen, Bodil Olai & Keiding, Hans, 2006. "Financial Intermediation, Moral Hazard, And Pareto Inferior Trade," Working Papers 07-2004, Copenhagen Business School, Department of Economics. [Downloadable!]
    192. Llanto, Gilberto M., 1989. "Asymmetric Information in Rural Financial Markets and Interlinking of Transactions Through Self-Help Groups," Philippine Journal of Development, Philippine Institute for Development Studies, vol. 0(1), pages 147-163. [Downloadable!]
    193. Stephen D. Prowse, 1996. "Corporate finance in international perspective: legal and regulatory influences on financial system development," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q III, pages 2-15. [Downloadable!]
    194. Molin, Johan, 1996. "Shareholder gains from equity private placements: Evidence from the Stockholm Stock Exchange," Working Paper Series in Economics and Finance 101, Stockholm School of Economics. [Downloadable!]
    195. Randall Morck & Andrei Shleifer & Robert W. Vishny, 1986. "Management Ownership and Corporate Performance: An Empirical Analysis," NBER Working Papers 2055, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    196. Bhagwan Chowdhry & Mark Grinblatt, 1997. "Information Aggregation, Currency Swaps, and the Design of Derivative Securities," University of California at Los Angeles, Anderson Graduate School of Management 1129, Anderson Graduate School of Management, UCLA. [Downloadable!]
      Other versions:
    197. Pandey Ajay & Kumar G. Arun, 2001. "Relative Effectiveness of Signals in IPOs in Indian Capital Markets," IIMA Working Papers 2001-09-03, Indian Institute of Management Ahmedabad, Research and Publication Department. [Downloadable!]
    198. Kwang Soo Cheong, 1999. "Asymmetric Information, Capital and Ownership Structures and Corporate Income Taxation," Working Papers 199904, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    199. Simon Grant & Stephen King & Ben Polak, 1995. "Information Externalities, Share-Price Based Incentives and Managerial Behaviour," Cowles Foundation Discussion Papers 1107, Cowles Foundation, Yale University. [Downloadable!]
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    200. Armando Gomes, . "Going Public with Asymmetric Information, Agency Costs, and Dynamic Trading," Rodney L. White Center for Financial Research Working Papers 4-99, Wharton School Rodney L. White Center for Financial Research. [Downloadable!]
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  16. Hayne E. Leland., 1976. "Information, Managerial Choice, and Stockholder Unanimity," Research Program in Finance Working Papers 55, University of California at Berkeley.
    Published as:

    Cited by:

    1. Ayub, Mehar, 1998. "A simulation model of corporate finances: A study of the companies listed on Karachi stock exchange," MPRA Paper 443, University Library of Munich, Germany, revised 2001. [Downloadable!]
    2. Mark A. Satterthwaite, 1979. "On the Scope of Stockholder Unanimity Theorems," Discussion Papers 368, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    3. Brett Titman, 1982. "Necessary and Sufficient Conditions for Achieving Stockholder Unanimity over the Production of Information," University of California at Los Angeles, Anderson Graduate School of Management 1231, Anderson Graduate School of Management, UCLA. [Downloadable!]

  17. Hayne E. Leland., 1975. "Optimal Risk Sharing and the Leasing of Natural Resources, with Application to Oil and Gas Leasing on the OCS," Research Program in Finance Working Papers 38, University of California at Berkeley.
    Published as:

    Cited by:

    1. Steven W. Millsaps & Mack Ott, 1985. "Risk aversion, risk sharing, and joint bidding: a study of outer continental shelf petroleum auctions," Working Papers 1985-014, Federal Reserve Bank of St. Louis. [Downloadable!]
    2. Javier Gil-Bazo, 2001. "Portfolio Management Fees: Assets Or Profits Based Compensation?," Business Economics Working Papers wb012207, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    3. Segerson, Kathleen, 1987. "Risk-sharing and Liability in the Control of Stochastic Externalities," Marine Resource Economics, Marine Resources Foundation, vol. 4(3). [Downloadable!]
    4. Marc S. Robinson, 1984. "Oil Lease Auctions: Reconciling Economic Theory with Practice," UCLA Economics Working Papers 292, UCLA Department of Economics. [Downloadable!]
    5. David C. Nellor & Marc S. Robinson, 1984. "Binding Future Governments: Tax Contracts and Resource Development," UCLA Economics Working Papers 297, UCLA Department of Economics. [Downloadable!]

  18. Hayne E. Leland, 1973. "Regulation of Natural Monopolies and the Fair Rate of Return," Cowles Foundation Discussion Papers 362, Cowles Foundation, Yale University. [Downloadable!]
    Published as:

    Cited by:

    1. Wayne Y. Lee & Anjan V. Thakor, 2004. "Regulatory Pricing and Capital Investment under Asymmetric Information about Cost," Finance 0411022, EconWPA. [Downloadable!]
    2. David P. Baron & Robert Taggart Jr., 1978. "Regulatory Pricing Policies and Input Choices Under Uncertainty," Discussion Papers 315, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    3. David P. Baron, 1977. "On the Relationship Between Complete and Incomplete Financial Markets Models," Discussion Papers 241, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    4. Wayne Y. Lee & Anjan V. Thakor, 1982. "Optimal Regulatory Pricing Under Asymmetric Cost Information," Discussion Papers 580, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]

  19. Hayne E. Leland, 1973. "Production Theory and the Stock Market," Cowles Foundation Discussion Papers 361, Cowles Foundation, Yale University. [Downloadable!]
    Published as:

    Cited by:

    1. Alvaro Rodriguez, 1996. "The stock market and the vacancy rate," Journal of Economics, Springer, vol. 63(3), pages 237-258, October. [Downloadable!] (restricted)
    2. Bejan, Camelia, 2008. "Production and financial decisions under uncertainty," MPRA Paper 11033, University Library of Munich, Germany. [Downloadable!]
    3. CRES, Herve & TVEDE, Mich, 2001. "Proxy fights in incomplete markets: when majority voting and sidepayments are equivalent," Les Cahiers de Recherche 726, HEC Paris. [Downloadable!]
    4. Lemma W. Senbet & Robert A. Taggart, Jr., 1984. "Capital Structure Equilibrium under Incomplete Market Conditions," NBER Working Papers 0747, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    5. Petra Geraats & Hans Haller, 1998. "Shareholders' choice," Journal of Economics, Springer, vol. 68(2), pages 111-135, June. [Downloadable!] (restricted)
    6. Roger H. Gordon, 2003. "Do Publicly Traded Corporations Act in the Public Interest?," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
      Other versions:
    7. David P. Baron, 1977. "On the Relationship Between Complete and Incomplete Financial Markets Models," Discussion Papers 241, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    8. Roger H. Gordon, 1981. "Taxation of Corporate Capital Income: Tax Revenues vs. Tax Distortions," NBER Working Papers 0687, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    9. VENTURA, Luigi, 1998. "Investment decisions and normalization with incomplete markets: a remark," CORE Discussion Papers 1998028, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]

Articles

  1. Dirk Hackbarth & Christopher A. Hennessy & Hayne E. Leland, 2007. "Can the Trade-off Theory Explain Debt Structure?," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 20(5), pages 1389-1428, <. [Downloadable!] (restricted)

    Cited by:

    1. Howard Qi & Sheen Liu & Chunchi Wu, 2009. "On the calibration of structural credit spread models," Annals of Finance, Springer, vol. 5(2), pages 189-208, March. [Downloadable!] (restricted)
    2. Jean-Marc Bourgeon & Georges Dionne, 2007. "On Debt Service and Renegotiation when Debt-holders Are More Strategic," Cahiers de recherche 0729, CIRPEE. [Downloadable!]

  2. Hayne E. Leland, 2007. "Financial Synergies and the Optimal Scope of the Firm: Implications for Mergers, Spinoffs, and Structured Finance," Journal of Finance, American Finance Association, vol. 62(2), pages 765-807, 04. [Downloadable!] (restricted)

    Cited by:

    1. Mohitosh Kejriwal & Pierre Perron, 2007. "Data Dependent Rules for the Selection of the Number of Leads and Lags in the Dynamic OLS Cointegrating Regression," Boston University - Department of Economics - Working Papers Series WP2007-018, Boston University - Department of Economics. [Downloadable!]
      Other versions:

  3. Goldstein, Robert & Ju, Nengjiu & Leland, Hayne, 2001. "An EBIT-Based Model of Dynamic Capital Structure," Journal of Business, University of Chicago Press, vol. 74(4), pages 483-512, October. [Downloadable!] (restricted)

    Cited by:

    1. Marco Realdon, 2006. "Book Values and Market Values of Equity and Debt," Discussion Papers 06/11, Department of Economics, University of York. [Downloadable!]
    2. Francis A. Longstaff & Sanjay Mithal & Eric Neis, 2004. "Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market," NBER Working Papers 10418, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    3. HEGE, Ulrich & MELLA-BARRAL, Pierre, 2002. "Repeated dilution of diffusely held debt," Les Cahiers de Recherche 751, HEC Paris. [Downloadable!]
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    4. Dragon Tang & Hong Yan, 2006. "Macroeconomic Conditions, Firm Characteristics, and Credit Spreads," Journal of Financial Services Research, Springer, vol. 29(3), pages 177-210, June. [Downloadable!] (restricted)
    5. Li Chen & H. Vincent Poor, 2003. "Information Asymmetry, Corporate Debt Financing and Optimal Investment Decisions: A Reduced Form Approach," Finance 0312008, EconWPA. [Downloadable!]
    6. Paolo Panteghini, 2006. "The Capital Structure of Multinational Companies under Tax Competition," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    7. Ilya A. Strebulaev, 2004. "Do Tests of Capital Structure Theory Mean What They Say?," Econometric Society 2004 North American Summer Meetings 646, Econometric Society. [Downloadable!]
    8. Nengjiu Ju & Robert Parrino & Allen M. Poteshman & Michael S. Weisbach, 2002. "Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives," NBER Working Papers 9327, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    9. Driffield, Nigel & Pal, Sarmistha, 2008. "Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?," IZA Discussion Papers 3426, Institute for the Study of Labor (IZA). [Downloadable!]
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    10. Marco Realdon, . "Valuation of Put Options on Leveraged Equity," Discussion Papers 03/19, Department of Economics, University of York. [Downloadable!]
    11. Dirk Hackbarth & Junjian Miao & Erwan Morellec, 2005. "Capital Structure, Credit Risk, and Macroeconomic Conditions," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-005, Boston University - Department of Economics. [Downloadable!]
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    12. Augusto Castillo, 2004. "Firm and Corporate Bond Valuation: A Simulation Dynamic Programming Approach," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(124), pages 345-360. [Downloadable!]
    13. Acharya, Viral V & Carpenter, Jennifer, 2002. "Corporate Bond Valuation and Hedging with Stochastic Interest Rates and Endogenous Bankruptcy," CEPR Discussion Papers 3328, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    14. Juan Ignacio Pena & Santiago Forte, 2006. "CREDIT SPREADS: THEORY AND EVIDENCE ABOUT THE INFORMATION CONTENT OF STOCKS, BONDS AND CDSs," Business Economics Working Papers wb063310, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    15. Jean-Marc Bourgeon & Georges Dionne, 2007. "On Debt Service and Renegotiation when Debt-holders Are More Strategic," Cahiers de recherche 0729, CIRPEE. [Downloadable!]
    16. Fulop, Andras, 2006. "Feedback Effects of Rating Downgrades," ESSEC Working Papers DR 06016, ESSEC Research Center, ESSEC Business School. [Downloadable!]
    17. Marco Realdon, 2006. "Valuation of the Firm's Liabilities when Equity Holders are also Creditors," Discussion Papers 06/16, Department of Economics, University of York. [Downloadable!]
    18. Hong Liu & Jianjun Miao, 2006. "Managerial Preferences, Corporate Governance, and Financial Structure," Boston University - Department of Economics - Working Papers Series WP2006-020, Boston University - Department of Economics. [Downloadable!]
    19. Hui Chen & Jianjun Miao & Neng Wang, 2009. "Entrepreneurial Finance and Non-diversifiable Risk," NBER Working Papers 14848, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Acharya, Viral V. & Davydenko, Sergei A. & Strebulaev, Ilya, 2009. "Cash Holdings and Credit Risk," CEPR Discussion Papers 7125, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    21. Francis Longstaff & Sanjay Mithal & Eric Neis, 2004. "Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market, previously titled: "The Credit-Default Swap Market: Is Credit Protection Priced Correctly?&qu," University of California at Los Angeles, Anderson Graduate School of Management 1176, Anderson Graduate School of Management, UCLA. [Downloadable!]
    22. Dangl, Thomas & Zechner, Josef, 2003. "Credit Risk and Dynamic Capital Structure Choice," CEPR Discussion Papers 4132, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    23. Paolo Panteghini, 2006. "A Simple Explanation for the Unfavorable Tax Treatment of Investment Costs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    24. Pascal François, 2006. "Tax loss carry-forwards and optimal leverage," Applied Financial Economics, Taylor and Francis Journals, vol. 16(14), pages 1075-1083, October. [Downloadable!] (restricted)
    25. Paolo Panteghini, 2008. "Corporate Debt, Hybrid Securities and the Effective Tax Rate," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    26. Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, EconWPA. [Downloadable!]
      Other versions:

  4. Cox, John C. & Leland, Hayne E., 2000. "On dynamic investment strategies," Journal of Economic Dynamics and Control, Elsevier, vol. 24(11-12), pages 1859-1880, October. [Downloadable!] (restricted)

    Cited by:

    1. Christian Gollier & Richard J. Zeckhauser, 1997. "Horizon Length and Portfolio Risk," NBER Technical Working Papers 0216, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  5. Hayne E. Leland, 1998. "Agency Costs, Risk Management, and Capital Structure," Journal of Finance, American Finance Association, vol. 53(4), pages 1213-1243, 08. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  6. Leland, Hayne E & Toft, Klaus Bjerre, 1996. " Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads," Journal of Finance, American Finance Association, vol. 51(3), pages 987-1019, July. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  7. Leland, Hayne E, 1994. " Corporate Debt Value, Bond Covenants, and Optimal Capital Structure," Journal of Finance, American Finance Association, vol. 49(4), pages 1213-52, September. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  8. He, Hua & Leland, Hayne, 1993. "On Equilibrium Asset Price Processes," Review of Financial Studies, Oxford University Press for Society for Financial Studies, vol. 6(3), pages 593-617. [Downloadable!] (restricted)

    Cited by:

    1. John Knight & Stephen Satchell, 2005. "A Re-Examination of Sharpe's Ratio for Log-Normal Prices," Applied Mathematical Finance, Taylor and Francis Journals, vol. 12(1), pages 87-100, March. [Downloadable!] (restricted)
    2. Guidolin, Massimo & Timmermann, Allan G, 2001. "Option Prices under Bayesian Learning: Implied Volatility Dynamics and Predictive Densities," CEPR Discussion Papers 3005, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    3. Robert M. Anderson & Roberto C. Raimondo, 2003. "Market Clearing and Derivative Pricing," Discussion Papers 03-17, University of Copenhagen. Department of Economics. [Downloadable!]
    4. Laurent E. Calvet & Adlai J. Fisher, 2006. "Multifrequency Jump-Diffusions: An Equilibrium Approach," NBER Working Papers 12797, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Elyès Jouini & Clotilde Napp, 2002. "Arbitrage pricing and equilibrium pricing : compatibility conditions," Post-Print halshs-00176423_v1, HAL. [Downloadable!]
    6. Lüders, Erik & Peisl, Bernhard, 2001. "How do investors' expectations drive asset prices?," ZEW Discussion Papers 01-15, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    7. John H. Cochrane & Francis A. Longstaff & Pedro Santa-Clara, 2003. "Two Trees: Asset Price Dynamics Induced by Market Clearing," Levine's Bibliography 666156000000000355, UCLA Department of Economics. [Downloadable!]
      Other versions:
    8. Günter Franke & Erik Lüders, 2004. "Why Do Asset Prices Not Follow Random Walks?," CoFE Discussion Paper 04-05, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    9. Lüders, Erik, 2002. "Why Are Asset Returns Predictable?," ZEW Discussion Papers 02-48, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    10. Günter Franke & Erik Lüders, 2005. "Return Predictability and Stock Market Crashes in a Simple Rational Expectations Model," CoFE Discussion Paper 05-05, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    11. Amado Peiró, 2001. "Skewness In Individual Stocks At Different Frequencies," Working Papers. Serie EC 2001-07, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    12. Theodoros Diasakos, 2008. "Comparative Statics of General Equilibrium Asset Prices," Carlo Alberto Notebooks 72, Collegio Carlo Alberto. [Downloadable!]
    13. Fabio Fornari & Antonio Mele, 2001. "Recovering the Probability Density Function of Asset Prices Using GARCH as Diffusion Approximations," Temi di discussione (Economic working papers) 396, Bank of Italy, Economic Research Department. [Downloadable!]
      Other versions:
    14. Peter Christoffersen & Redouane Elkamhi & Bruno Feunou & Kris Jacobs, 2009. "Option Valuation with Conditional Heteroskedasticity and Non-Normality," CREATES Research Papers 2009-33, School of Economics and Management, University of Aarhus. [Downloadable!]
    15. Mele, Antonio, 2004. "General Properties of Rational Stock-Market Fluctuations," Economics Series 153, Institute for Advanced Studies. [Downloadable!]
      Other versions:
    16. Ali Lazrak & Fernando Zapatero, 2002. "Efficient Consumption Set Under Recursive Utility and Unknown Beliefs," Research Paper Series 85, Quantitative Finance Research Centre, University of Technology, Sydney. [Downloadable!]
    17. Lüders, Erik, 2002. "Asset Prices and Alternative Characterizations of the Pricing Kernel," ZEW Discussion Papers 02-10, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    18. Hayne E. Leland., 1996. "Beyond Mean-Variance: Performance Measurement of Portfolios Using Options or Dynamic Strategies," Research Program in Finance Working Papers RPF-263-rev, University of California at Berkeley. [Downloadable!]
    19. Elyes Jouini & Clotilde Napp, 1999. "Continuous Time Equilibrium Pricing of Nonredundant Assets," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-008, New York University, Leonard N. Stern School of Business-. [Downloadable!]
      Other versions:
    20. Richard D. F. Harris & C. Coskun Küçüközmen & Fatih Yilmaz, 2004. "Skewness in the conditional distribution of daily equity returns," Applied Financial Economics, Taylor and Francis Journals, vol. 14(3), pages 195-202, February. [Downloadable!] (restricted)
    21. Lüders, Erik & Schröder, Michael, 2004. "Modeling Asset Returns : A Comparison of Theoretical and Empirical Models," ZEW Discussion Papers 04-19, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    22. Chau, Minh, 2002. "A Dynamic equilibrium with small fixed transactions costs," ESSEC Working Papers DR 02025, ESSEC Research Center, ESSEC Business School. [Downloadable!]
    23. Celso Brunetti & Alessio Caldarera, 2006. "Asset Prices and asset Correlations in Illiquid Markets," Computing in Economics and Finance 2006 331, Society for Computational Economics. [Downloadable!]
      Other versions:

  9. Leland, Hayne E, 1992. "Insider Trading: Should It Be Prohibited?," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 859-87, August. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  10. Gennotte, Gerard & Leland, Hayne, 1990. "Market Liquidity, Hedging, and Crashes," American Economic Review, American Economic Association, vol. 80(5), pages 999-1021, December. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  11. Leland, Hayne & Rubinstein, Mark, 1988. "Comments on the Market Crash: Six Months After," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 45-50, Summer. [Downloadable!] (restricted)

    Cited by:

    1. Attiya Y. Javed & Ayaz Ahmed, 1999. "The Response of Karachi Stock Exchange to Nuclear Detonation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 38(4), pages 777-786. [Downloadable!]
    2. Carsten Schmidt & Jens Grossklags, 2004. "Interaction of Human and Artificial Agents on Double Auction Markets - Simulations and Laboratory Experiments," Papers on Strategic Interaction 2003-22, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    3. Jennifer Huang & Jiang Wang, 2008. "Market Liquidity, Asset Prices and Welfare," NBER Working Papers 14058, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Jens Grossklags & Carsten Schmidt, 2002. "Artificial Software Agents on Thin Double Auction Markets - A Human Trader Experiment," Papers on Strategic Interaction 2002-45, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    5. Adlai Fisher, 1999. "Multivariate Stock Returns Around Extreme Events: A Reassessment of Economic Fundamentals and the 1987 Market Crash," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-071, New York University, Leonard N. Stern School of Business-. [Downloadable!]
    6. S. Rao Aiyagari & Mark Gertler, 1998. ""Overreaction" of Asset Prices in General Equilibrium," NBER Working Papers 6747, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    7. Jennifer Huang & Jiang Wang, 2008. "Liquidity and Market Crashes," NBER Working Papers 14013, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. J. Bradford De Long & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1989. "Positive Feedback Investment Strategies and Destabilizing Rational Speculation," NBER Working Papers 2880, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    9. Baosheng Yuan & Kan Chen, 2006. "Impact of investor’s varying risk aversion on the dynamics of asset price fluctuations," Journal of Economic Interaction and Coordination, Springer, vol. 1(2), pages 189-214, November. [Downloadable!] (restricted)

  12. Leland, Hayne E, 1985. " Option Pricing and Replication with Transactions Costs," Journal of Finance, American Finance Association, vol. 40(5), pages 1283-1301, December. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  13. Goldman, M Barry & Leland, Hayne E & Sibley, David S, 1984. "Optimal Nonuniform Prices," Review of Economic Studies, Blackwell Publishing, vol. 51(2), pages 305-19, April. [Downloadable!] (restricted)

    Cited by:

    1. Steven Matthews & John Moore, 1985. "Monopoly Provision of Quality and Warranties: An Exploration in the Theory of Multidimensional Screening," Discussion Papers 661, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
      Other versions:
    2. Nicholas Economides & Steven S. Wildman, 1995. "Monopolistic Competition with Two-Part Tariffs," Working Papers 95-10, New York University, Leonard N. Stern School of Business, Department of Economics. [Downloadable!]
    3. Eugenio J. Miravete, . "Quantity Discounts for Taste-Varying Consumers," CARESS Working Papres 99-11, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences. [Downloadable!]
    4. Peter Kuhn & Jacques Robert, 1988. "Seniority and Distribution in a Two-Worker Trade Union," Working Papers 615, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
      Other versions:
    5. Georg Noldeke & Larry Samuelson, 2004. "Decomposable Principal-Agent Problems," Microeconomics 0410004, EconWPA. [Downloadable!]
      Other versions:
    6. Georg Noldeke & Larry Samuelson, 2006. "Optimal Bunching without Optimal Control," Levine's Bibliography 784828000000000502, UCLA Department of Economics. [Downloadable!]
      Other versions:
    7. Georg Meran & Christian von Hirschhausen, 2006. "A Modified Yardstick Competition Mechanism," Working Papers 2006-05, Center for Network Industries and Infrastructure (CNI). [Downloadable!]
      Other versions:
    8. Eugenio J. Miravete, 1995. "Screening Consumers through Alternative Pricing Mechanisms," Discussion Papers 1145, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    9. Marcel Canoy, 1994. "Natural monopoly and differential pricing," Journal of Economics, Springer, vol. 59(3), pages 287-309, October. [Downloadable!] (restricted)
    10. Steven J. Davis & Cheryl Grim & John Haltiwanger & Mary Streitwieser, 2008. "Electricity Pricing to U.S. Manufacturing Plants, 1963-2000," NBER Working Papers 13778, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  14. Kwok, Viem & Leland, Hayne, 1982. "An Economic Model of the Brain Drain," American Economic Review, American Economic Association, vol. 72(1), pages 91-100, March. [Downloadable!] (restricted)

    Cited by:

    1. Docquier, Frederic & Rapoport, Hillel, 2004. "Skilled migration: the perspective of developing countries," Policy Research Working Paper Series 3382, The World Bank. [Downloadable!]
      Other versions:
    2. Lien, Da-Hsiang Donald., 1985. "Economic Analysis of Brain Drain," Working Papers 556, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    3. Dominique M. Gross & Nicolas Schmitt, 2006. "Why do Low- and High-Skill Workers Migrate? Flow Evidence from France," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    4. Maria, Corrado di & Stryszowski, Piotr, 2006. "Brain drain and distance to frontier," Discussion Paper 64, Tilburg University, Center for Economic Research. [Downloadable!]
    5. Tain-Jy Chen & Hsien-Yang Su, 1995. "On the-job training as a cause of brain drain," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 131(3), pages 526-541, September. [Downloadable!] (restricted)
    6. Robert E. B. Lucas, 2001. "Diaspora and Development: Highly Skilled Migrants from East Asia," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-120, Boston University - Department of Economics. [Downloadable!]
    7. Beine, Michel & Docquier, Frédéric & Rapoport, Hillel, 2003. "Brain Drain and LDCs’ Growth: Winners and Losers," IZA Discussion Papers 819, Institute for the Study of Labor (IZA). [Downloadable!]
    8. Frédéric Docquier, 2006. "Brain Drain and Inequality Across Nations," IZA Discussion Papers 2440, Institute for the Study of Labor (IZA). [Downloadable!]
    9. Bernard Franck & Robert F. Owen, 2009. "International Human Capital Formation, Brain Drain and Brain Gain: A conceptual Framework," Working Papers hal-00421166_v1, HAL. [Downloadable!]
    10. Herbert Brücker & Cécily Defoort, 2006. "The (Self-)Selection of International Migrants Reconsidered: Theory and New Evidence," IZA Discussion Papers 2052, Institute for the Study of Labor (IZA). [Downloadable!]
    11. Gabriel Romero, 2007. "Skilled Migration: When Should A Government Restrict Migration Of Skilled Workers?," Working Papers. Serie AD 2007-25, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    12. Doh-Shin Jeon & Domenico Menicucci, 2005. "Money, Fame and the Allocation of Talent: Brain Drain and the Institution of Science," Economics Working Papers 805, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2005. [Downloadable!]
      Other versions:
    13. Rosalind S Hunter, 2009. "The Elite Brain Drain," Working Papers id:2048, esocialsciences.com. [Downloadable!]
    14. Hunter, Rosalind S. & Oswald, Andrew J. & Charlton, Bruce G., 2009. "The Elite Brain Drain," IZA Discussion Papers 4005, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
      • RosalindS. Hunter & AndrewJ. Oswald & BruceG. Charlton, 2009. "The Elite Brain Drain," Economic Journal, Royal Economic Society, vol. 119(538), pages F231-F251, 06. [Downloadable!] (restricted)
    15. Piotr Stryszowski, 2006. "Brains for Capital. The Effect of Brain Drain on Investments and Convergence," DEGIT Conference Papers c011_049, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
    16. P. Giannoccolo, 2003. "Brain Drain and Fiscal Competition. A theoretical model for the Europe," Working Papers 481, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    17. Docquier, Frederic & Marfouk, Abdeslam, 2004. "Measuring the international mobility of skilled workers (1990-2000) : release 1.0," Policy Research Working Paper Series 3381, The World Bank. [Downloadable!]
    18. Ricardo Sabbadini & Carlos Roberto Azzoni, 2006. "Migração Interestadual De Pessoal Altamente Educado: Evidências Sobre A Fuga De Cérebros," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 26, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    19. Ali, Showkat & Carden, Giles & Culling, Benjamin & Hunter, Rosalind & Oswald, Andrew J & Owen, Nicola & Ralsmark, Hilda & Snodgrass, Natalie, 2007. "Elite Scientists and the Global Brain Drain," The Warwick Economics Research Paper Series (TWERPS) 825, University of Warwick, Department of Economics. [Downloadable!]
    20. Siegfried Berninghaus & Hans Günther Seifert-Vogt, 1987. "International Migration under Incomplete Information," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 123(II), pages 199-218, June. [Downloadable!]

  15. Chan, Yuk-Shee & Leland, Hayne, 1982. "Prices and Qualities in Markets with Costly Information," Review of Economic Studies, Blackwell Publishing, vol. 49(4), pages 499-516, October. [Downloadable!] (restricted)

    Cited by:

    1. Andrew F. Daughety & Jennifer F. Reinganum, 1994. "Product Safety: Liability, R&D and Signaling," Game Theory and Information 9403007, EconWPA, revised 30 Mar 1994. [Downloadable!]
      Other versions:
    2. Armstrong, Mark & Chen, Yongmin, 2007. "Inattentive Consumers and Product Quality," MPRA Paper 4797, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    3. Kjell Arne Brekke & Mari Rege, 2007. "Advertising as a Distortion of Social Learning," The B.E. Journal of Theoretical Economics, Berkeley Electronic Press, vol. 7(1). [Downloadable!]
    4. Kyle Bagwell & Michael Riordan, 1986. "Equilibrium Price Dynamics for an Experience Good," Discussion Papers 705, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    5. Brekke, Kjell Arne & Rege, Mari, 2006. "Advertising as a Distortion of Social Learning," Memorandum 23/2006, Oslo University, Department of Economics. [Downloadable!]
    6. Andrei Dubovik & Maarten C.W. Janssen, 2008. "Oligopolistic Competition in Price and Quality," Tinbergen Institute Discussion Papers 08-068/1, Tinbergen Institute. [Downloadable!]
    7. Amy Cutts & Robert Order, 2004. "On the Economics of Subprime Lending," The Journal of Real Estate Finance and Economics, Springer, vol. 30(2), pages 167-196, November. [Downloadable!] (restricted)
    8. Christian Schultz, 2007. "Transparency and Product Variety," CIE Discussion Papers 2007-13, University of Copenhagen. Department of Economics. Centre for Industrial Economics. [Downloadable!]
    9. Norbert Schulz & Konrad Stahl, 1989. "Good and Bad Competition in Spatial Markets for Search Goods: the Case of Linear Utility Functions," Annales d'Economie et de Statistique, ADRES, issue 15-16, pages 06, Juillet-D. [Downloadable!]
    10. William P. Rogerson, 1985. "Price Advertising and the Deterioration of Product Quality," Discussion Papers 707, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    11. Eric Rasmusen, 2008. "Quality-Ensuring Profits," Working Papers 2008-10, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy. [Downloadable!]
    12. Fabrizio Adriani & Giancarlo Marini & Pasquale Scaramozzino, 2008. "The Inflationary Consequences of a Currency Changeover on the Catering Sector: Evidence from the Michelin Red Guide," Bristol Economics Discussion Papers 08/604, Department of Economics, University of Bristol, UK. [Downloadable!]
      Other versions:
    13. Alberto Cavaliere, 2004. "Price Competition with Information Disparities in a Vertically Differentiated Duopoly," Working Papers 2004.39, Fondazione Eni Enrico Mattei. [Downloadable!]
    14. Michael Waldman, 1984. "The Role of Integrity in Economic Interaction," UCLA Economics Working Papers 350, UCLA Department of Economics. [Downloadable!]
    15. Giancarlo Marini & Fabrizio Adriani & Pasquale Scaramozzino, 2003. "The Inflationary Consequences of a Currency Changeover: Evidence from the Michelin Red Guide," CEIS Research Paper 27, Tor Vergata University, CEIS. [Downloadable!]
      Other versions:
    16. David Paton, 1998. "Who A dvertises Prices? A Firm Level Study Based on Survey Data," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 5(1), pages 57-75, February. [Downloadable!] (restricted)
    17. Ginger Zhe Jin & Alex Whalley, 2007. "The Power of Attention: Do Rankings Affeect the Financial Resources of Public Colleges?," NBER Working Papers 12941, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    18. Russell Cooper & Thomas W. Ross, 1984. "Monopoly Provision of Product Quality with Uninformed Buyers," Cowles Foundation Discussion Papers 688R, Cowles Foundation, Yale University, revised Nov 1984. [Downloadable!]
      Other versions:
    19. Erik Durbin, 2000. "McDonald's or the Michelin Guide? Revealing Quality Through Private-Sector Certification," Econometric Society World Congress 2000 Contributed Papers 1097, Econometric Society. [Downloadable!]
    20. Kyle Bagwell & Michael Riordan, 1988. "High and Declining Prices Signal Product Quality," Discussion Papers 808, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
      Other versions:
    21. Carlton, Dennis W. & Perloff, Jeffrey M., 1989. "The Economics of Information," Research Reports 25156, University of Connecticut, Food Marketing Policy Center. [Downloadable!]

  16. Leland, Hayne E, 1980. " Who Should Buy Portfolio Insurance?," Journal of Finance, American Finance Association, vol. 35(2), pages 581-94, May. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  17. Meyer, Robert A & Leland, Hayne E, 1980. "The Effectiveness of Price Regulation," The Review of Economics and Statistics, MIT Press, vol. 62(4), pages 555-66, November. [Downloadable!] (restricted)

    Cited by:

    1. Magnus Söderberg, 2008. "Uncertainty and regulatory outcome in the Swedish electricity distribution sector," European Journal of Law and Economics, Springer, vol. 25(1), pages 79-94, February. [Downloadable!] (restricted)
    2. Werner Troesken, 2006. "Regime Change and Corruption. A History of Public Utility Regulation," NBER Chapters, in: Corruption and Reform: Lessons from America's Economic History, pages 259-282 National Bureau of Economic Research, Inc. [Downloadable!]
    3. Steven J. Davis & Cheryl Grim & John Haltiwanger & Mary Streitwieser, 2008. "Electricity Pricing to U.S. Manufacturing Plants, 1963-2000," NBER Working Papers 13778, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:

  18. Leland, Hayne E, 1979. "Quacks, Lemons, and Licensing: A Theory of Minimum Quality Standards," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1328-46, December. [Downloadable!] (restricted)

    Cited by:

    1. Armstrong, Mark & Chen, Yongmin, 2007. "Inattentive Consumers and Product Quality," MPRA Paper 4797, University Library of Munich, Germany. [Downloadable!]
      Other versions:
    2. Sofronis Clerides & Costas Hadjiyiannis, 2004. "Trade-Inducing Quality Standards for Used Durables," University of Cyprus Working Papers in Economics 5-2004, University of Cyprus Department of Economics. [Downloadable!]
      Other versions:
    3. Joshua D. Angrist & Jonathan Guryan, 2004. "Teacher Testing, Teacher Education, and Teacher Characteristics," American Economic Review, American Economic Association, vol. 94(2), pages 241-246, May. [Downloadable!]
    4. Angrist, Joshua D. & Guryan, Jonathan, 2005. "Does Teacher Testing Raise Teacher Quality? Evidence from State Certification Requirements," IZA Discussion Papers 1500, Institute for the Study of Labor (IZA). [Downloadable!]
      Other versions:
    5. Emilio Galdeano Gómez, 2002. "Competitividad de las cooperativas hortofrutícolas: análisis del impacto económico de las acciones de calidad y medioambientales en las OPFH andaluzas," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 41, pages 53-83, August. [Downloadable!]
    6. Kugler, Adriana D. & Sauer, Robert M, 2003. "Doctors without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel," CEPR Discussion Papers 3683, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    7. Marette, Stéphan, 2007. "Minimum Safety Standard, Consumers’ Information, and Competition (The)," Staff General Research Papers 12718, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    8. Kugler, Adriana D. & Sauer, Robert M., 2002. "Doctors Without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel," IZA Discussion Papers 634, Institute for the Study of Labor (IZA). [Downloadable!]
    9. Evans, R. & Guinnane, T.W., 2006. "Reputational Externality and Self-Regulation," Cambridge Working Papers in Economics 0628, Faculty of Economics, University of Cambridge. [Downloadable!]
    10. stephan marette, 2008. "Standards and Labels," Economics Bulletin, Economics Bulletin, vol. 12(2), pages 1-7. [Downloadable!]
    11. Johan F.M. Swinnen & Thijs Vandemoortele, 2009. "Trade, Development, and the Political Economy of Public Standards," LICOS Discussion Papers 23609, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
    12. Chan-Kang, Connie & Pardey, Philip G. & Smith, Vincent H., 2006. "The Evolution of Economics Clubs: 1777-2000," Staff Papers 14135, University of Minnesota, Department of Applied Economics. [Downloadable!]
    13. Worth, Thomas, 1999. "Quality, Reputation, And Imports," 1999 Annual meeting, August 8-11, Nashville, TN 21567, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    14. P. Garella & P. Petrakis, 2004. "Minimum Quality Standards and ConsumersÕ Information," Working Papers 532, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
      Other versions:
    15. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2006. "The Groucho Effect of Uncertain Standards," Working Papers 2006-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy. [Downloadable!]
    16. Schlicht, Ekkehart, 1995. "Economic Analysis and Organised Religion," Chapters in Economics, in: Survival and Religion: Biological Evolution and Cultural Change University of Munich, Department of Economics. [Downloadable!]
    17. Metcalfe, Mark R. & Beghin, John C., 1999. "Piecemeal Reform of Trade and Environmental Policy When Cosumption Also Pollutes," Staff General Research Papers 4047, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    18. Suzanne J. Konzelmann & Frank Wilkinson & Roy Mankelow, 2007. "Work Intensification and Employment Insecurity in Professional Work," ESRC Centre for Business Research - Working Papers wp345, ESRC Centre for Business Research. [Downloadable!]
    19. David M. Blau, 2000. "Child Care Subsidy Programs," NBER Working Papers 7806, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    20. Swinnen, J.F.M. & Vandemoortele, T., 2008. "The Political Economy of Nutrition and Health Standards in Food Markets," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44364, European Association of Agricultural Economists. [Downloadable!]
      Other versions:
    21. V. Joseph Hotz & Mo Xiao, 2005. "The Impact of Minimum Quality Standards on Firm Entry, Exit and Product Quality: The Case of the Child Care Market," Working Papers 05-28, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    22. Pierre Fleckinger, 2007. "Collective Reputation and Market Structure: Regulating the Quality vs Quantity Trade-of," Working Papers hal-00243080_v1, HAL. [Downloadable!]
    23. Buhr, Brian L., 2003. "Traceability And Information Technology In The Meat Supply Chain: Implications For Firm Organization And Market Structure," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(03), November. [Downloadable!]
    24. Lutz, Stefan, 2003. "International Coordination of Quality Standards and Vertical Product Differentiation," ZEW Discussion Papers 03-41, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    25. María José Moral Rincón, 1998. "La retirada de automóviles en España: Un aplicación de modelos de duración," Investigaciones Economicas, Fundación SEPI, vol. 22(2), pages 225-258, May. [Downloadable!]
    26. Randal Heeb & M. Rebecca Kilburn, 2004. "The Effects of State Regulations on Childcare Prices and Choices," Working Papers 137, RAND Corporation Publications Department. [Downloadable!]
    27. Paul Belleflamme & Martin Peitz, 2009. "Asymmetric Information and Overinvestment in Quality," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    28. Sturgess, N., 1993. "Some Thoughts On Competency Standards," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 37(02), August. [Downloadable!]
    29. Mario Pagliero, 2007. "The Impact of Potential Labor Supply on Licensing Exam Difficulty in the US Market for Lawyers," Carlo Alberto Notebooks 53, Collegio Carlo Alberto, revised 2009. [Downloadable!]
      Other versions:
    30. Palmer, Karen & Walls, Margaret, 1999. "Extended Product Responsibility: An Economic Assessment of Alternative Policies," Discussion Papers dp-99-12, Resources For the Future. [Downloadable!]
    31. Georg Meran & Reimund Schwarze, 2007. "Can minimum prices assure the quality of professional services?," Working Papers 2007-07, Faculty of Economics and Statistics, University of Innsbruck. [Downloadable!]
      Other versions:
    32. Joel Sobel, 1996. "Theories of Declining Standards," University of California at San Diego, Economics Working Paper Series 96-12, Department of Economics, UC San Diego. [Downloadable!]
    33. Adriana Kugler & Robert Sauer, 2002. "Doctors without Borders: The Returns to an Occupational License for Soviet Immigrant Physicians in Israel," Economics Working Papers 648, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    34. Sean Nicholson, 2003. "Barriers to Entering Medical Specialties," NBER Working Papers 9649, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    35. Rouviere, Elodie & Soubeyran, Raphael, 2008. "Collective Reputation, Entry and Minimum Safety Standard," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44465, European Association of Agricultural Economists. [Downloadable!]
    36. Dimitri, Carolyn & Lichtenberg, Erik, 2002. "Quality Inspection, Adverse Selection And Trade In Perishable Commodities," Working Papers 28579, University of Maryland, Department of Agricultural and Resource Economics. [Downloadable!]
    37. V. Joseph Hotz & Mo Xiao, 2005. "The Impact of Minimum Quality Standards on Firm Entry, Exit and Product Quality: the Case of the Child Care Market," NBER Working Papers 11873, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    38. Joel Sobel, 1998. "On the Dynamics of Standards," University of California at San Diego, Economics Working Paper Series 97-15r, Department of Economics, UC San Diego. [Downloadable!]
      Other versions:
    39. Joel Sobel, 1997. "A Model of Declining Standards," University of California at San Diego, Economics Working Paper Series 97-18, Department of Economics, UC San Diego. [Downloadable!]
      Other versions:
    40. Lutz, Stefan H., 2002. "The Effects of Quotas on Vertical Intra-Industry Trade," ZEW Discussion Papers 02-61, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    41. Omer Moav & Zvika Neeman, 2004. "Inspection in Markets for Experience Goods," Discussion Paper Series dp349, Center for Rationality and Interactive Decision Theory, Hebrew University, Jerusalem. [Downloadable!]
    42. P. Garella, 2003. "The Effects of Minimum Quality Standards: Better or Worse Products?," Working Papers 484, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    43. Lapan, Harvey E. & Moschini, GianCarlo, 2006. "Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products," Staff General Research Papers 12553, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    44. Veeman, Michele, 2003. "Labelling Policy for GM Foods: Pragmatism in Action or Policy Failure?," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 04. [Downloadable!]
    45. Lutz, Stefan, 2003. "Mutual Recognition of National Minimum Quality Standards may Support International Convergence," ZEW Discussion Papers 03-17, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
      Other versions:
    46. Jansen, Marion & Lince de Faria, André, 2002. "Product Labelling, Quality and International Trade," CEPR Discussion Papers 3552, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    47. Marc T. Law & Sukkoo Kim, 2004. "Specialization and Regulation: The Rise of Professionals and the Emergence of Occupational Licensing Regulation," NBER Working Papers 10467, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    48. Joseph Hotz & M. Rebecca Kilbourn, 1994. "Regulating Child Care: The Effects of State Regulations on child Care Demand and Its Cost," Working Papers 9405, Harris School of Public Policy Studies, University of Chicago. [Downloadable!]

  19. Leland, Hayne E, 1978. "Information, Managerial Choice and Stockholder Unanimity," Review of Economic Studies, Blackwell Publishing, vol. 45(3), pages 527-34, October. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  20. Leland, Hayne E, 1978. "Optimal Risk Sharing and the Leasing of Natural Resources, with Application to Oil and Gas Leasing on the OCS," The Quarterly Journal of Economics, MIT Press, vol. 92(3), pages 413-37, August. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  21. Leland, Hayne E & Pyle, David H, 1977. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, American Finance Association, vol. 32(2), pages 371-87, May. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  22. Hayne E. Leland & Robert A. Meyer, 1976. "Monopoly Pricing Structures with Imperfect Discrimination," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 449-462, Autumn. [Downloadable!] (restricted)

    Cited by:

    1. María Angeles García Valiñas, 2004. "Eficiencia y equidad en el diseño de precios óptimos para bienes y servicios públicos," Hacienda Pública Española, IEF, vol. 168(1), pages 95-119, march. [Downloadable!]
    2. J.C. Panzar & AW. Postlewaite, 1982. "Sustainable Outlay Schedules," Discussion Papers 626, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    3. Oehmke, James F & Wolf, Christopher A., 2004. "Is Monsanto Leaving Money on the Table? Monopoly Pricing and Bt Cotton Value with Heterogeneous Adopters," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(03), December. [Downloadable!]
    4. David P. Baron & Raymond R. DeBondt, 1979. "On The Design of Automatic Price Adjustment Mechanisms," Discussion Papers 340, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]

  23. Leland, Hayne E, 1974. "Optimal Growth in a Stochastic Environment," Review of Economic Studies, Blackwell Publishing, vol. 41(1), pages 75-86, January. [Downloadable!] (restricted)

    Cited by:

    1. Gadi Barlevy, 2003. "The Cost of Business Cycles Under Endogenous Growth," NBER Working Papers 9970, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    2. Larry E. Jones & Rodolfo E. Manuelli & Henry E. Siu & Ennio Stacchetti, 2005. "Fluctuations in Convex Models of Endogenous Growth I: Growth Effects," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(4), pages 780-804, October. [Downloadable!] (restricted)
    3. Olson, Lars & Roy, Santanu, 2005. "Theory of Stochastic Optimal Economic Growth," Working Papers 28601, University of Maryland, Department of Agricultural and Resource Economics. [Downloadable!]

  24. Hayne E. Leland, 1974. "Production Theory and the Stock Market," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 125-144, Spring. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  25. Hayne E. Leland, 1974. "Regulation of Natural Monopolies and the Fair Rate of Return," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 3-15, Spring. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  26. Leland, Hayne E, 1972. "The Dynamics of a Revenue Maximizing Firm," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(2), pages 376-85, June. [Downloadable!] (restricted)

    Cited by:

    1. Martin Spechler, 1982. "Organization and economic behavior: An interpretation of recent findings," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 118(2), pages 366-380, June. [Downloadable!] (restricted)

  27. Leland, Hayne E., 1972. "On the existence of optimal policies under uncertainty," Journal of Economic Theory, Elsevier, vol. 4(1), pages 35-44, February. [Downloadable!] (restricted)

    Cited by:

    1. Hildreth, Clifford, 1976. "A Model Of Grain Storage And Hedging By Farmers," Staff Papers 14083, University of Minnesota, Department of Applied Economics. [Downloadable!]
    2. Hildreth, Clifford & Kislev, Yoav, 1980. "A Model Of Yield Variability And Price Effect," Staff Papers 13755, University of Minnesota, Department of Applied Economics. [Downloadable!]
    3. Merton, Robert C., 1986. "Capital market theory and the pricing of financial securities," Working papers 1818-86., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
      Other versions:

  28. Leland, Hayne E, 1972. "Theory of the Firm Facing Uncertain Demand," American Economic Review, American Economic Association, vol. 62(3), pages 278-91, June. [Downloadable!] (restricted)

    Cited by:

    1. G. Rossini, 2004. "Vertical integration in a stochastic framework and a nonsymmetric bargaining equilibrium," Working Papers 527, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    2. Eduardo Modiano, 1981. "Derived demand and capacity planning under uncertainty," Textos para discussão 13, Department of Economics PUC-Rio (Brazil). [Downloadable!]
    3. Rosella Nicolini & Francesco Menoncin, 2005. "The optimal behaviour of firms facing stochastic costs," UFAE and IAE Working Papers 640.05, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
      Other versions:
    4. Catherine Mann, 1989. "The effects of exchange rate trends and volatility on export prices: Industry examples from Japan, Germany, and the United States," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 125(3), pages 588-618, September. [Downloadable!] (restricted)
    5. Pope, Rulon D. & Just, Richard E., 1977. "On The Competitive Firm Under Production Uncertainty," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(02), August. [Downloadable!]
    6. Pedro Rui Mazeda Gil, 2005. "The Firm’s Perception of Demand Shocks and the Expected Profitability of Capital under Uncertainty," FEP Working Papers 195, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
    7. Yasunori Ishii, 2000. "International cournol duopoly and R&D subsidies under demand uncertainly," Journal of Economics, Springer, vol. 72(2), pages 203-222, June. [Downloadable!] (restricted)
    8. Serguei Kaniovski, 2003. "Risk-Averse Monopolist with Aspiration," WIFO Working Papers 196, WIFO. [Downloadable!]
    9. Penson, John B., Jr., 1977. "Response - External Finance: A Necessary Component In Growth Projections For Southern Agriculture," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 9(01), July. [Downloadable!]
    10. Maarten C.W. Janssen & Vladimir A. Karamychev, 2005. "Auctions, Market Prices and the Risk Attitude Effect," Tinbergen Institute Discussion Papers 05-025/1, Tinbergen Institute. [Downloadable!]
    11. Joseph E. Gagnon, 1989. "Exchange rate variability and the level of international trade," International Finance Discussion Papers 369, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    12. James Foreman-Peck & Gerry Makepeace & Brian Morgan, 2006. "Growth and profitability of small and medium-sized enterprises: Some Welsh evidence," Regional Studies, Taylor and Francis Journals, vol. 40(4), pages 307-320, June. [Downloadable!] (restricted)
    13. Chan Young Bang, 1973. "Towards a Dynamic Disequilibrium;Some Queries Regarding Methodological Analogy of Statics and Dynamics in Economics," UCLA Economics Working Papers 37A, UCLA Department of Economics. [Downloadable!]
    14. Nava Kahana & Jacob Paroush, 1984. "A Multi-factor Labor-managed Firm under Price Uncertainty," Eastern Economic Journal, Eastern Economic Association, vol. 10(1), pages 23-29, Jan-Mar. [Downloadable!]
    15. Enrico Pennings, 2001. "Price or quantity setting under uncertain demand and capacity constraints: An examination of the profits," Journal of Economics, Springer, vol. 74(2), pages 157-171, June. [Downloadable!] (restricted)
    16. Michal Bauer, 2007. "An Endogenous Attitude to Firms’ Risk Aversion: A Model," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(7-8), pages 382-399, September. [Downloadable!]
    17. T. Rao & Saraswati Singh, 1990. "CORE vs. MLE for decision models under uncertainty," Journal of Economics, Springer, vol. 51(2), pages 145-158, June. [Downloadable!] (restricted)
    18. Veronika Grimm & Gregor Zoettl, 2006. "Capacity Choice under Uncertainty: The Impact of Market Structure," Working Paper Series in Economics 23, University of Cologne, Department of Economics. [Downloadable!]
    19. Justin P. Johnson & David P. Myatt, 2006. "On the Simple Economics of Advertising, Marketing, and Product Design," American Economic Review, American Economic Association, vol. 96(3), pages 756-784, June. [Downloadable!]
      Other versions:
    20. Perry, Janet E. & Mishra, Ashok K., 1999. "Forward Contracting Of Inputs: A Farm-Level Analysis," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(2). [Downloadable!]
    21. Eva Carceles-Poveda & Daniele Coen Pirani, . "Owning Capital or Being Shareholders: An Equivalence Result with Incomplete Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics. [Downloadable!] (restricted)
      Other versions:
    22. L. Lambertini, 2004. "Process R&D in Monopoly under Demand Uncertainty," Working Papers 507, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
      Other versions:
    23. L. Lambertini, 2000. "Quantum Mechanics and Mathematical Economics are Isomorphic. John von Neumann between Physics and Economics," Working Papers 370, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    24. Quiggin, John C. & Anderson, Jock R., 1979. "Stabilisation And Risk Reduction In Australian Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 23(03), December. [Downloadable!]
    25. Asplund, Marcus, 1995. "Risk-Averse Firms in Oligopoly," Working Paper Series in Economics and Finance 69, Stockholm School of Economics, revised 21 Sep 1999. [Downloadable!]
      Other versions:
    26. Mohamed Jellal & François-Charles Wolff, 2005. "Free Entry under Uncertainty," Journal of Economics, Springer, vol. 85(1), pages 39-63, 07. [Downloadable!] (restricted)
    27. Banal - Estanol, Albert & Ottaviani, Marco, 2005. "Mergers with Product Market Risk," CEPR Discussion Papers 4831, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    28. Yasunori Ishii, 1991. "On the theory of monopolistic competition under demand uncertainty," Journal of Economics, Springer, vol. 54(1), pages 21-32, February. [Downloadable!] (restricted)
    29. L. Lambertini, 2009. "Make vs Buy in a Monopoly with Demand or Cost Uncertainty," Working Papers 671, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    30. Pindyck, Robert S., 1980. "Adjustment cost, demand uncertainty, and the behavior of the firm," Working papers 1112-80A., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
    31. Markus Pasche, 1997. "Markup Pricing and Demand Uncertainty," Working Paper Series B 1997-08, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultïät, revised 01 Jun 1998. [Downloadable!]
    32. Jacek Cukrowski, 1998. "Information-processing, technological progress and regional retail networks dynamics," ERSA conference papers ersa98p71, European Regional Science Association. [Downloadable!]
    33. Eva Carceles-Poveda, 2009. "Asset Prices and Business Cycles under Market Incompleteness," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(3), pages 405-422, July. [Downloadable!] (restricted)
      Other versions:
    34. Kisoo Kim, 1989. "Trade Restricting Policies Under Uncertainty And A Differentiated Duopoly," International Economic Journal, Korean International Economic Association, vol. 3(4), pages 45-59, December. [Downloadable!] (restricted)
    35. Wang, Shinn-Shyr & Stiegert, Kyle W., 2006. "The Duopolistic Firm with Endogenous Risk Control: Case of Persuasive Advertising and Product Differentiation," Staff Paper Series 496, University of Wisconsin, Agricultural and Applied Economics. [Downloadable!]
    36. MacMinn, Richard & Richter, Andreas, 2006. "Hedging Brevity Risk with Mortality-based Securities," Discussion Papers in Business Administration 1219, University of Munich, Munich School of Management. [Downloadable!]
    37. Ricardo Paredes, 1986. "Una Revisión Crítica a la Literatura de Colusión," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 23(69), pages 173-200. [Downloadable!]
    38. Bernhard Arnold & Ingrid Größl & Peter Stahlecker, 2000. "Competitive supply behavior when price information is fuzzy," Journal of Economics, Springer, vol. 72(1), pages 45-66, February. [Downloadable!] (restricted)
    39. Gianpaolo Rossini, 2008. "Competition and bargaining in vertical relationships with market uncertainty," International Review of Economics, Springer, vol. 55(3), pages 229-242, September. [Downloadable!] (restricted)

  29. Leland, Hayne E, 1971. "Optimal Forward Exchange Positions," Journal of Political Economy, University of Chicago Press, vol. 79(2), pages 257-69, March-Apr. [Downloadable!] (restricted)

    Cited by:

    1. John Marthinsen & Stephen Miller, 1979. "European monetary unification and the eurodollar market," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 115(2), pages 255-271, June. [Downloadable!] (restricted)

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