A Model of Endogenous Debt Maturity with Heterogeneous Beliefs
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Abstract
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DOI: 10.17016/FEDS.2017.057r1
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Other versions of this item:
- Matthew Darst & Ehraz Refayet, 2018. "A Model of Endogenous Debt Maturity with Heterogeneous Beliefs," 2018 Meeting Papers 1004, Society for Economic Dynamics.
References listed on IDEAS
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Citations
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Cited by:
- Ṣebnem Kalemli-Özcan & Luc Laeven & David Moreno, 2018.
"Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis,"
NBER Working Papers
24555, National Bureau of Economic Research, Inc.
- Kalemli-Ozcan, Sebnem & Laeven, Luc & Moreno, David, 2019. "Debt overhang, rollover risk, and corporate investment: evidence from the European crisis," Working Paper Series 2241, European Central Bank.
- Kalemli-Ozcan, Sebnem & Laeven, Luc & Moreno, David, 2018. "Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis," CEPR Discussion Papers 12881, C.E.P.R. Discussion Papers.
- Kalemli-Ozcan, Sebnem, 2018. "Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis," CEPR Discussion Papers 13336, C.E.P.R. Discussion Papers.
- Caglio, Cecilia & Darst, R. Matthew & Parolin, Eric, 2019.
"Half-full or half-empty? Financial institutions, CDS use, and corporate credit risk,"
Journal of Financial Intermediation, Elsevier, vol. 40(C).
- Cecilia Caglio & R. Matthew Darst & Eric Parolin, 2018. "Half-full or Half-empty? Financial Institutions, CDS Use, and Corporate Credit Risk," Finance and Economics Discussion Series 2018-047, Board of Governors of the Federal Reserve System (U.S.).
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More about this item
Keywords
Collateral; Cost of capital; Debt covenants; Debt maturity; Investment;JEL classification:
- D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DCM-2017-06-04 (Discrete Choice Models)
- NEP-MAC-2017-06-04 (Macroeconomics)
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