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My bibliography Save this itemCapital Structure, Credit Risk, and Macroeconomic Conditions
Citations
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Cited by:
- Chen, Chang-Chih & Shyu, So-De & Yang, Chih-Yuan, 2011. "Counterparty effects on capital structure decision in incomplete market," Economic Modelling, Elsevier, vol. 28(5), pages 2181-2189, September.
- 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.
- Berger, Allen N. & Öztekin, Özde & Roman, Raluca A., 2023. "Geographic deregulation and bank capital structure," Journal of Banking & Finance, Elsevier, vol. 149(C).
- Lee, Kwan Yong & Naknoi, Kanda, 2024. "Exchange rates, invoicing currencies and the margins of exports," Journal of International Money and Finance, Elsevier, vol. 141(C).
- Elsas, Ralf & Florysiak, David, 2008. "Empirical Capital Structure Research: New Ideas, Recent Evidence, and Methodological Issues," Discussion Papers in Business Administration 4743, University of Munich, Munich School of Management.
- Yinghui Dong & Xue Liang & Guojing Wang, 2012. "Unilateral Counterparty Risk Valuation for CDS Under a Regime Switching Interacting Intensities Model," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 19(4), pages 391-415, November.
- Alain Monfort & Jean-Paul Renne, 2013.
"Default, Liquidity, and Crises: an Econometric Framework,"
Journal of Financial Econometrics, Oxford University Press, vol. 11(2), pages 221-262, March.
- Alain Monfort & Jean-Paul Renne, 2010. "Default, Liquidity and Crises : An Econometric Framework," Working Papers 2010-46, Center for Research in Economics and Statistics.
- Monfort, A. & Renne, J-P., 2011. "Default, liquidity and crises: an econometric framework," Working papers 340, Banque de France.
- Ms. Enrica Detragiache & Mr. Gianni De Nicolo & Ms. Senay Agca, 2007. "Financial Reforms, Financial Openness, and Corporate Borrowing: International Evidence," IMF Working Papers 2007/186, International Monetary Fund.
- Carlos González-Aguado, 2011. "Interest Rates and Credit Risk," CNMV Working Papers CNMV Working Papers no. 4, CNMV- Spanish Securities Markets Commission - Research and Statistics Department.
- A. Max Reppen & Jean‐Charles Rochet & H. Mete Soner, 2020.
"Optimal dividend policies with random profitability,"
Mathematical Finance, Wiley Blackwell, vol. 30(1), pages 228-259, January.
- Max Reppen & Jean-Charles Rochet & H. Mete Soner, 2017. "Optimal Dividend Policies with Random Profitability," Swiss Finance Institute Research Paper Series 17-46, Swiss Finance Institute.
- Mete Soner, H. & Reppen, Max & Rochet, Jean-Charles, 2018. "Optimal dividend policies with random profitability," TSE Working Papers 18-886, Toulouse School of Economics (TSE).
- Max Reppen & Jean-Charles Rochet & Mete Soner, 2020. "Optimal dividend policies with random profitability," Post-Print hal-02929766, HAL.
- Mete Soner, H. & Reppen, Max & Rochet, Jean-Charles, 2018. "Optimal dividend policies with random profitability," IDEI Working Papers 882, Institut d'Économie Industrielle (IDEI), Toulouse.
- Max Reppen & Jean-Charles Rochet & H. Mete Soner, 2017. "Optimal dividend policies with random profitability," Papers 1706.01813, arXiv.org, revised Mar 2018.
- Jean-Paul Décamps & Stéphane Villeneuve, 2014.
"Rethinking Dynamic Capital Structure Models With Roll-Over Debt,"
Mathematical Finance, Wiley Blackwell, vol. 24(1), pages 66-96, January.
- Décamps, Jean-Paul & Villeneuve, Stéphane, 2009. "Rethinking Dynamic Capital Structure Models with Roll-Over Debt," IDEI Working Papers 528, Institut d'Économie Industrielle (IDEI), Toulouse, revised Nov 2011.
- Mai, Yong & Meng, Lei & Ye, Zhiqiang, 2017. "Regional variation in the capital structure adjustment speed of listed firms: Evidence from China," Economic Modelling, Elsevier, vol. 64(C), pages 288-294.
- Suresh Sundaresan & Neng Wang & Jinqiang Yang, 2015. "Dynamic Investment, Capital Structure, and Debt Overhang," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 4(1), pages 1-42.
- Borochin, Paul & Yang, Jie, 2017. "Options, equity risks, and the value of capital structure adjustments," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 150-178.
- Tan, Yingxian & Pan, Zhihao & Wang, Rui & Wen, Chunhui, 2023. "Macroeconomic conditions and investment stimuli," The North American Journal of Economics and Finance, Elsevier, vol. 67(C).
- Colonnello, Stefano, 2020.
"Executive compensation, macroeconomic conditions, and cash flow cyclicality,"
Finance Research Letters, Elsevier, vol. 37(C).
- Colonnello, Stefano, 2016. "Executive Compensation, Macroeconomic Conditions, and Cash Flow Cyclicality," IWH Discussion Papers 6/2016, Halle Institute for Economic Research (IWH).
- Aflatooni, Abbas & Ghaderi, Kaveh & Mansouri, Kefsan, 2022. "Sanctions against Iran, political connections and speed of adjustment," Emerging Markets Review, Elsevier, vol. 51(PB).
- François Gourio, 2013.
"Credit Risk and Disaster Risk,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 1-34, July.
- Francois Gourio, 2010. "Credit risk and Disaster risk," 2010 Meeting Papers 112, Society for Economic Dynamics.
- Francois Gourio, 2011. "Credit Risk and Disaster Risk," NBER Working Papers 17026, National Bureau of Economic Research, Inc.
- Gourio, Francois, 2011. "Credit Risk and Disaster Risk," CEPR Discussion Papers 8201, C.E.P.R. Discussion Papers.
- François Gourio, 2012. "Credit risk and disaster risk," Working Paper Series WP-2012-07, Federal Reserve Bank of Chicago.
- Lee, Chien-Chiang & Yang, Shih-Jui & Chang, Chi-Hung, 2014. "Non-interest income, profitability, and risk in banking industry: A cross-country analysis," The North American Journal of Economics and Finance, Elsevier, vol. 27(C), pages 48-67.
- Situm Mario, 2014. "Inability of Gearing-Ratio as Predictor for Early Warning Systems," Business Systems Research, Sciendo, vol. 5(2), pages 23-45, September.
- Richardson, Grant & Taylor, Grantley & Lanis, Roman, 2015. "The impact of financial distress on corporate tax avoidance spanning the global financial crisis: Evidence from Australia," Economic Modelling, Elsevier, vol. 44(C), pages 44-53.
- Gomez-Gonzalez, Jose E. & Hirs-Garzón, Jorge & Uribe, Jorge M., 2022.
"Interdependent capital structure choices and the macroeconomy,"
The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
- Gomez-Gonzalez, Jose Eduardo & Uribe, Jorge M. & Hirs-Garzon, Jorge, 2021. "Interdependent Capital Structure Choices and the Macroeconomy," Working papers 77, Red Investigadores de Economía.
- Jorge M. Uribe & Jose E. Gomez-Gonzalez & Jorge Hirs-Garzón, 2021. ""Interdependent Capital Structure Choices and the Macroeconomy"," IREA Working Papers 202107, University of Barcelona, Research Institute of Applied Economics, revised Apr 2021.
- Xing, Kai & Yang, Xiaoguang, 2020. "Predicting default rates by capturing critical transitions in the macroeconomic system," Finance Research Letters, Elsevier, vol. 32(C).
- Chaderina, Maria & Weiss, Patrick & Zechner, Josef, 2022.
"The maturity premium,"
Journal of Financial Economics, Elsevier, vol. 144(2), pages 670-694.
- Zechner, Josef & Chaderina, Maria & Weiss, Patrick, 2020. "The Maturity Premium," CEPR Discussion Papers 14570, C.E.P.R. Discussion Papers.
- Halling, Michael & Yu, Jin & Zechner, Josef, 2016. "Leverage dynamics over the business cycle," Journal of Financial Economics, Elsevier, vol. 122(1), pages 21-41.
- Hui Chen & Gustavo Manso, 2017. "Macroeconomic Risk and Debt Overhang," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 6(1), pages 1-38.
- Denny Irawan & Tatsuyoshi Okimoto, 2021.
"Macro uncertainties and tests of capital structure theories across renewable and non-renewable resource companies,"
CAMA Working Papers
2021-73, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Denny IRAWAN & OKIMOTO Tatsuyoshi, 2021. "Macro Uncertainties and Tests of Capital Structure Theories across Renewable and Non-Renewable Resource Companies," Discussion papers 21055, Research Institute of Economy, Trade and Industry (RIETI).
- Annaert, Jan & De Ceuster, Marc & Van Roy, Patrick & Vespro, Cristina, 2013.
"What determines Euro area bank CDS spreads?,"
Journal of International Money and Finance, Elsevier, vol. 32(C), pages 444-461.
- Jan Annaert & Marc De Ceuster & Patrick Van Roy & Cristina Vespro, 2009. "What determines euro area bank CDS spreads ?," Financial Stability Review, National Bank of Belgium, vol. 7(1), pages 153-169, June.
- Jan Annaert & Marc De Ceuster & Patrick Van Roy & Cristina Vespro, 2010. "What determines euro area bank CDS spreads ?," Working Paper Research 190, National Bank of Belgium.
- Zhu, Jun & Ho, Kung-Cheng & Luo, Sijia & Peng, Langchuan, 2023. "Pandemic and tax avoidance: Cross-country evidence," Economic Modelling, Elsevier, vol. 124(C).
- Morellec, Erwan & Zhdanov, Alexei, 2008.
"Financing and takeovers,"
Journal of Financial Economics, Elsevier, vol. 87(3), pages 556-581, March.
- Erwan Morellec & Alexei Zhdanov, 2006. "Financing and Takeovers," Swiss Finance Institute Research Paper Series 06-22, Swiss Finance Institute.
- Mustafa Caglayan & Abdul Rashid, 2014.
"The Response Of Firms' Leverage To Risk: Evidence From Uk Public Versus Nonpublic Manufacturing Firms,"
Economic Inquiry, Western Economic Association International, vol. 52(1), pages 341-363, January.
- Mustafa Caglayan & Abdul Rashid, 2013. "The Response of Firms' Leverage to Risk: Evidence from UK Public versus Non-Public ManufacturingFirms," CFI Discussion Papers 1302, Centre for Finance and Investment, Heriot Watt University.
- repec:dau:papers:123456789/14986 is not listed on IDEAS
- Feldhütter, Peter & Schaefer, Stephen, 2023. "Debt dynamics and credit risk," Journal of Financial Economics, Elsevier, vol. 149(3), pages 497-535.
- Atkeson, Andrew G. & Eisfeldt, Andrea L. & Weill, Pierre-Olivier, 2017.
"Measuring the financial soundness of U.S. firms, 1926–2012,"
Research in Economics, Elsevier, vol. 71(3), pages 613-635.
- Andrew Atkeson & Andrea L. Eisfeldt & Pierre-Olivier Weill, "undated". "Measuring the financial soundness of U.S. firms, 1926-2012," Staff Report 484, Federal Reserve Bank of Minneapolis.
- Andrew G. Atkeson & Andrea L. Eisfeldt & Pierre-Olivier Weill, 2013. "Measuring the Financial Soundness of U.S. Firms, 1926-2012," NBER Working Papers 19204, National Bureau of Economic Research, Inc.
- Danis, András & Rettl, Daniel A. & Whited, Toni M., 2014. "Refinancing, profitability, and capital structure," Journal of Financial Economics, Elsevier, vol. 114(3), pages 424-443.
- Sung Ik Kim, 2022. "ARMA–GARCH model with fractional generalized hyperbolic innovations," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-25, December.
- Morais, Flávio & Serrasqueiro, Zélia & Ramalho, Joaquim J.S., 2022. "Capital structure speed of adjustment heterogeneity across zero leverage and leveraged European firms," Research in International Business and Finance, Elsevier, vol. 62(C).
- Peter Kugler & Beatrice Weder, 2004.
"International Portfolio Holdings and Swiss Franc Asset Returns,"
Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 140(III), pages 301-325, September.
- Kugler, Peter & Weder, Beatrice, 2004. "International Portfolio Holdings and Swiss Franc Asset Returns," Working papers 2004/04, Faculty of Business and Economics - University of Basel.
- Kugler, Peter & Weder di Mauro, Beatrice, 2004. "International Portfolio Holdings and Swiss Franc Asset Returns," CEPR Discussion Papers 4467, C.E.P.R. Discussion Papers.
- Chen, Chang-Chih & Shyu, So-De & Wu, Yen-Chun & Yang, Chih-Yuan, 2011. "A waste management model for optimal recycling-landfilling policies under macroeconomic conditions," Economic Modelling, Elsevier, vol. 28(3), pages 852-858, May.
- Lee, Kyeong Hun & Mauer, David C. & Xu, Emma Q., 2022. "Selling durables: Financial flexibility for limited cost pass-through," Journal of Corporate Finance, Elsevier, vol. 75(C).
- Chen, Zhiyao & Hackbarth, Dirk & Strebulaev, Ilya A., 2022. "A unified model of distress risk puzzles," Journal of Financial Economics, Elsevier, vol. 146(2), pages 357-384.
- Devos, Erik & Rahman, Shofiqur & Tsang, Desmond, 2017. "Debt covenants and the speed of capital structure adjustment," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 1-18.
- Shi, Zhan, 2019. "Time-varying ambiguity, credit spreads, and the levered equity premium," Journal of Financial Economics, Elsevier, vol. 134(3), pages 617-646.
- Kim, Sung Ik, 2023. "A comparative study of firm value models: Default risk of corporate bonds," Finance Research Letters, Elsevier, vol. 56(C).
- Joao F. Gomes & Lukas Schmid, 2010.
"Levered Returns,"
Journal of Finance, American Finance Association, vol. 65(2), pages 467-494, April.
- Lukas Schmid & Joao Gomes, 2007. "Levered Returns," 2007 Meeting Papers 1007, Society for Economic Dynamics.
- Lambrecht, Bart M., 2017. "Real options in finance," Journal of Banking & Finance, Elsevier, vol. 81(C), pages 166-171.
- Demirci, Irem & Huang, Jennifer & Sialm, Clemens, 2019.
"Government debt and corporate leverage: International evidence,"
Journal of Financial Economics, Elsevier, vol. 133(2), pages 337-356.
- Irem Demirci & Jennifer Huang & Clemens Sialm, 2017. "Government Debt and Corporate Leverage: International Evidence," NBER Working Papers 23310, National Bureau of Economic Research, Inc.
- Peng Huang & Yue Lu & Robert Faff, 2021. "Social trust and the speed of corporate leverage adjustment: evidence from around the globe," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 3261-3303, June.
- Donatien Hainaut & Yang Shen & Yan Zeng, 2018. "How do capital structure and economic regime affect fair prices of bank’s equity and liabilities?," Annals of Operations Research, Springer, vol. 262(2), pages 519-545, March.
- Bakkar, Yassine & De Jonghe, Olivier & Tarazi, Amine, 2023.
"Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?,"
Journal of Banking & Finance, Elsevier, vol. 151(C).
- Yassine Bakkar & Olivier De Jonghe & Amine Tarazi, 2017. "Does banks' systemic importance affect their capital structure and balance sheet adjustment processes?," Working Papers hal-01636253, HAL.
- Bakkar, Yassine & De Jonghe, Olivier & Tarazi, Amine, 2022. "Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?," Other publications TiSEM b83f43a7-0f39-4d07-babc-9, Tilburg University, School of Economics and Management.
- Yassine Bakkar & Olivier De Jonghe & Amine Tarazi, 2019. "Does banks’ systemic importance affect their capital structure and balance sheet adjustment processes?," Working Paper Research 369, National Bank of Belgium.
- Yassine Bakkar & Olivier De Jonghe & Amine Tarazi, 2019. "Does banks' systemic importance affect their capital structure and balance sheet adjustment processes?," Post-Print hal-02059939, HAL.
- Jeon, Haejun & Nishihara, Michi, 2015. "The effects of business cycle and debt maturity on a firm's investment and default decisions," International Review of Economics & Finance, Elsevier, vol. 38(C), pages 326-351.
- Spencer, Peter, 2014. "The Mills Ratio and the behavior of redeemable bond prices in the Gaussian structural model of corporate default," Finance Research Letters, Elsevier, vol. 11(1), pages 8-15.
- Ruhollah Eskandari & Morteza Zamanian, 2023. "Heterogeneous responses to corporate marginal tax rates: Evidence from small and large firms," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(7), pages 1018-1047, November.
- Niu, Huawei & Hua, Wei, 2019. "An endogenous structural credit risk model incorporating with moral hazard and rollover risk," Economic Modelling, Elsevier, vol. 78(C), pages 47-59.
- Zhiguo He & Wei Xiong, 2012.
"Rollover Risk and Credit Risk,"
Journal of Finance, American Finance Association, vol. 67(2), pages 391-430, April.
- Zhiguo He & Wei Xiong, 2010. "Rollover Risk and Credit Risk," NBER Working Papers 15653, National Bureau of Economic Research, Inc.
- Wei Xiong & Zhiguo He, 2010. "Rollover Risk and Credit Risk," 2010 Meeting Papers 98, Society for Economic Dynamics.
- Yinghui Dong & Kam C. Yuen & Guojing Wang & Chongfeng Wu, 2016. "A Reduced-Form Model for Correlated Defaults with Regime-Switching Shot Noise Intensities," Methodology and Computing in Applied Probability, Springer, vol. 18(2), pages 459-486, June.
- Della Seta, Marco & Morellec, Erwan & Zucchi, Francesca, 2020. "Short-term debt and incentives for risk-taking," Journal of Financial Economics, Elsevier, vol. 137(1), pages 179-203.
- Correia, Ricardo & Población, Javier, 2015. "A structural model with Explicit Distress," Journal of Banking & Finance, Elsevier, vol. 58(C), pages 112-130.
- Gross, Marco & Dubiel-Teleszynski, Tomasz & Población García, Francisco Javier, 2018. "A structural model to assess the impact of bank capitalization changes conditional on a bail-in versus bail-out regime," Working Paper Series 2181, European Central Bank.
- Norman Schurhoff, 2004.
"Capital gains taxes, irreversible investment, and capital structure,"
2004 Meeting Papers
592b, Society for Economic Dynamics.
- Norman Schürhoff, 2005. "Capital Gains Taxes, Irreversible Investment, and Capital Structure," FAME Research Paper Series rp131, International Center for Financial Asset Management and Engineering.
- Norman Schuerhoff, 2004. "Capital Gains Taxes, Irreversible Investment, and Capital Structure," 2004 Meeting Papers 688, Society for Economic Dynamics.
- Arnold, Marc & Wagner, Alexander F. & Westermann, Ramona, 2013. "Growth options, macroeconomic conditions, and the cross section of credit risk," Journal of Financial Economics, Elsevier, vol. 107(2), pages 350-385.
- Georges Dionne & Olfa Maalaoui Chun, 2013. "Presidential Address: Default and liquidity regimes in the bond market during the 2002–2012 period," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 46(4), pages 1160-1195, November.
- Yang, Lu & Yang, Lei & Ho, Kung-Cheng & Hamori, Shigeyuki, 2020. "Dependence structures and risk spillover in China’s credit bond market: A copula and CoVaR approach," Journal of Asian Economics, Elsevier, vol. 68(C).
- Tucker, Jon & Stoja, Evarist, 2011. "Industry membership and capital structure dynamics in the UK," International Review of Financial Analysis, Elsevier, vol. 20(4), pages 207-214, August.
- Jianjun Miao, 2005.
"Optimal Capital Structure and Industry Dynamics,"
Journal of Finance, American Finance Association, vol. 60(6), pages 2621-2659, December.
- Jianjun Miao, 2003. "Optimal Capital Structure and Industry Dynamics," Industrial Organization 0310001, University Library of Munich, Germany.
- Jianjun Miao, 2011. "Optimal Capital Structure and Industry Dynamics," CEMA Working Papers 440, China Economics and Management Academy, Central University of Finance and Economics.
- Pramod Sinha & Seshanwita Das, 2021. "Pattern and Trends of Financing in the Indian Manufacturing Sector," Studies in Microeconomics, , vol. 9(1), pages 105-127, June.
- Tan, Changchun & Mo, Lingyu & Wu, Xiaomeng & Zhou, Peng, 2024. "Fintech development and corporate credit risk: Evidence from an emerging market," International Review of Financial Analysis, Elsevier, vol. 92(C).
- Hugonnier, Julien & Morellec, Erwan, 2017.
"Bank capital, liquid reserves, and insolvency risk,"
Journal of Financial Economics, Elsevier, vol. 125(2), pages 266-285.
- Julien Hugonnier & Erwan Morellec, 2014. "Bank Capital, Liquid Reserves, and Insolvency Risk," Swiss Finance Institute Research Paper Series 14-70, Swiss Finance Institute.
- Morellec, Erwan & Hugonnier, Julien, 2015. "Bank Capital, Liquid Reserves, and Insolvency Risk," CEPR Discussion Papers 10378, C.E.P.R. Discussion Papers.
- Ying Chen & Don Capener & Eric Valenzuela, 2023. "Valuation effects of earnings management on hotel firm value," American Journal of Economics and Sociology, Wiley Blackwell, vol. 82(3), pages 167-185, May.
- D. Balios & N. Daskalakis & N. Eriotis & D. Vasiliou, 2016. "SMEs capital structure determinants during severe economic crisis: The case of Greece," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1145535-114, December.
- Akyildirim, Erdinç & Güney, I. Ethem & Rochet, Jean-Charles & Soner, H. Mete, 2014.
"Optimal dividend policy with random interest rates,"
Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 93-101.
- Erdinc Akyildirim & Ibrahim Güney & Jean-Charles Rochet & Halil Mete Soner, 2013. "Optimal Dividend Policy with Random Interest Rates," Swiss Finance Institute Research Paper Series 13-14, Swiss Finance Institute.
- Carlos Omar Trejo-Pech & NyoNyo A. Kyaw & Wei He, 2021. "Capital structure adjustment behavior of listed firms on the Mexican stock exchange," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(4), pages 573-595, October.
- Hugonnier, Julien & Malamud, Semyon & Morellec, Erwan, 2015. "Credit market frictions and capital structure dynamics," Journal of Economic Theory, Elsevier, vol. 157(C), pages 1130-1158.
- Dragon Tang & Hong Yan, 2006. "Macroeconomic Conditions, Firm Characteristics, and Credit Spreads," Journal of Financial Services Research, Springer;Western Finance Association, vol. 29(3), pages 177-210, June.
- Marc Arnold & Dirk Hackbarth & Tatjana Xenia Puhan, 2018.
"Financing Asset Sales and Business Cycles [Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries],"
Review of Finance, European Finance Association, vol. 22(1), pages 243-277.
- Arnold, Marc & Hackbarth, Dirk & Puhan, Tatjana-Xenia, 2013. "Financing Asset Sales and Business Cycles," Working Papers on Finance 1320, University of St. Gallen, School of Finance.
- Marc ARNOLD & Dirk HACKBARTH & Tatjana XENIA PUHAN, 2014. "Financing Asset Sales and Business Cycles," Swiss Finance Institute Research Paper Series 14-11, Swiss Finance Institute.
- Cook, Douglas O. & Tang, Tian, 2010. "Macroeconomic conditions and capital structure adjustment speed," Journal of Corporate Finance, Elsevier, vol. 16(1), pages 73-87, February.
- Yang, Bo & Gan, Liu & Wen, Chunhui, 2021. "Moral hazard, debt overhang and capital structure," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
- Viral Acharya & Sergei A. Davydenko & Ilya A. Strebulaev, 2012.
"Cash Holdings and Credit Risk,"
The Review of Financial Studies, Society for Financial Studies, vol. 25(12), pages 3572-3609.
- Acharya, Viral & Strebulaev, Ilya & Davydenko, Sergei A., 2009. "Cash Holdings and Credit Risk," CEPR Discussion Papers 7125, C.E.P.R. Discussion Papers.
- Viral V. Acharya & Sergei A. Davydenko & Ilya A. Strebulaev, 2011. "Cash Holdings and Credit Risk," NBER Working Papers 16995, National Bureau of Economic Research, Inc.
- Wolfgang Drobetz & Dirk C. Schilling & Henning Schröder, 2015. "Heterogeneity in the Speed of Capital Structure Adjustment across Countries and over the Business Cycle," European Financial Management, European Financial Management Association, vol. 21(5), pages 936-973, November.
- Yun Xie & Yixiang Tian & Zhuang Xiao & Xiangyun Zhou, 2018. "Dependence of credit spread and macro-conditions based on an alterable structure model," PLOS ONE, Public Library of Science, vol. 13(5), pages 1-15, May.
- Wu, Ting & He, Linfeng & Zhang, Fan, 2021. "Endogenous discounting, investment and Tobin’s q," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
- Rashid, Abdul, 2013. "Risks and financing decisions in the energy sector: An empirical investigation using firm-level data," Energy Policy, Elsevier, vol. 59(C), pages 792-799.
- Karpavičius, Sigitas & Yu, Fan, 2017. "The impact of interest rates on firms' financing policies," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 262-293.
- Winston Wei Dou & Yan Ji, 2021. "External Financing and Customer Capital: A Financial Theory of Markups," Management Science, INFORMS, vol. 67(9), pages 5569-5585, September.
- Hui Chen, 2010.
"Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure,"
Journal of Finance, American Finance Association, vol. 65(6), pages 2171-2212, December.
- Hui Chen, 2010. "Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure," NBER Working Papers 16151, National Bureau of Economic Research, Inc.
- Dang, Viet Anh & Kim, Minjoo & Shin, Yongcheol, 2014. "Asymmetric adjustment toward optimal capital structure: Evidence from a crisis," International Review of Financial Analysis, Elsevier, vol. 33(C), pages 226-242.
- Son-Nan Chen & Pao-Peng Hsu & Chang-Yi Li, 2016. "Pricing credit-risky bonds and spread options modelling credit-spread term structures with two-dimensional Markov-modulated jump-diffusion," Quantitative Finance, Taylor & Francis Journals, vol. 16(4), pages 573-592, April.
- Wendy, & Salim, Kevin Christanto, 2019. "The Speed of Adjustment towards Optimal Capital Structure: A Test of Dynamic Trade-off Model," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 53(3), pages 91-102.
- Tor Jacobson & Jesper Lindé & Kasper Roszbach, 2013.
"Firm Default And Aggregate Fluctuations,"
Journal of the European Economic Association, European Economic Association, vol. 11(4), pages 945-972, August.
- Tor Jacobson & Rikard Kindell & Jesper Lindé & Kasper Roszbach, 2008. "Firm default and aggregate fluctuations," Working Papers 08-21, Federal Reserve Bank of Philadelphia.
- Jacobson, Tor & Kindell, Rikard & Lindé, Jesper & Roszbach, Kasper, 2008. "Firm Default and Aggregate Fluctuations," Working Paper Series 226, Sveriges Riksbank (Central Bank of Sweden).
- Linde, Jesper & Jacobson, Tor & Roszbach, Kasper & Kindell, Rikard, 2008. "Firm Default and Aggregate Fluctuations," CEPR Discussion Papers 7083, C.E.P.R. Discussion Papers.
- Tor Jacobson & Jesper Lindé & Kasper Roszbach, 2011. "Firm default and aggregate fluctuations," International Finance Discussion Papers 1029, Board of Governors of the Federal Reserve System (U.S.).
- Murphy, Austin & Headley, Adrian, 2022. "An empirical evaluation of alternative fundamental models of credit spreads," International Review of Financial Analysis, Elsevier, vol. 81(C).
- Xing, Kai & Luo, Dan & Liu, Lanlan, 2023. "Macroeconomic conditions, corporate default, and default clustering," Economic Modelling, Elsevier, vol. 118(C).
- Donatien Hainaut & Yan Shen & Yan Zeng, 2016. "How do capital structure and economic regime affect fair prices of bank's equity and liabilities?," Post-Print hal-01394133, HAL.
- Dirk Hackbarth & Alejandro Rivera & Tak-Yuen Wong, 2022.
"Optimal Short-Termism,"
Management Science, INFORMS, vol. 68(9), pages 6477-6505, September.
- Hackbarth, Dirk & Rivera, Alejandro & Wong, Tak-Yuen, 2018. "Optimal Short-Termism," CEPR Discussion Papers 12588, C.E.P.R. Discussion Papers.
- Xue, Yi & Zhang, Xinzhi, 2024. "Digital transformation and corporate capital structure: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 84(C).
- Biao Chen & Jinqiang Yang & Chuanqian Zhang, 2021. "Corporate investment and financing with uncertain growth opportunities," International Review of Finance, International Review of Finance Ltd., vol. 21(3), pages 821-842, September.
- Rana Yassir Hussain Xuezhou Wen Rehan Sohail Butt Haroon Hussain Sikandar Ali Qalati Irfan Abbas, 2020. "Are Growth Led Financing Decisions Causing Insolvency in Listed Firms of Pakistan?," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 23(2), pages 89-115, November.
- Berardino Palazzo, 2019. "Cash flows risk, capital structure, and corporate bond yields," Annals of Finance, Springer, vol. 15(3), pages 401-420, September.
- Gan, Liu & Yang, Zhaojun, 2024. "Financial decisions involving credit default swaps over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 161(C).
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