Results 211 to 220 of about 62,876 (267)
The North American Journal of Economics and Finance, 2012 Abstract This paper studies the impact of mortgages on consumer debt and on debt on durable goods. Outstanding debt, representing mortgages, affects positively consumer debt, and the debt on durable goods. This hypothesis is empirically tested for the U.S. using PSID 2005 wave. Our results are striking.
Joao Ricardo Faria, Le Wang, Zhongmin Wu
openaire +1 more source
Debt structure and debt overhang [PDF]
Journal of Corporate Finance, 2022 We study the impact of heterogeneous debt structures on corporate financing and investment decisions in a dynamic trade-off model. The issuance of bank debt along with market debt accelerates investment and mitigates the ex-post debt overhang relative to exclusive market debt structures.
Liu Gan
exaly +4 more sources
Some of the next articles are maybe not open access.
Related searches:
Related searches:
Critical debt and debt dynamics
Journal of Economic Dynamics and Control, 2000zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Semmler, W. W., Sieveking, M.
openaire +2 more sources
Brookings Papers on Economic Activity, 2003 This paper introduces the concept of debt intolerance,' which manifests itself in the extreme duress many emerging markets experience at debt levels that would seem manageable by advanced country standards. We argue that safe' external debt-to-GNP thresholds for debt intolerant countries are low, perhaps as low as 15 percent in some cases.
Reinhart, Carmen +2 more
openaire +3 more sources
Journal of Health Economics, 2010 We examine the effect of household financial indebtedness on psychological well-being using a large household survey of families with children in Britain. Existing studies that find a link between debt and depression tend to utilise small and highly selective samples of people and only self-reported measures of financial stress, responses to which are ...
Richard Disney, Sarah Bridges
openaire +2 more sources
Review of Finance, 2010
Abstract Existing theories advocate the exclusive use of equity-like instruments in executive compensation. However, recent empirical studies document the prevalence of debt-like instruments such as pensions. This paper justifies the use of debt as efficient compensation.
Edmans, Alex, Liu, Qi
openaire +3 more sources
Abstract Existing theories advocate the exclusive use of equity-like instruments in executive compensation. However, recent empirical studies document the prevalence of debt-like instruments such as pensions. This paper justifies the use of debt as efficient compensation.
Edmans, Alex, Liu, Qi
openaire +3 more sources
Italian Economic Journal
The public debt overhang spread across advanced countries, and the reform of the Stability and Growth Pact in the Euro Zone, have revived the polarization between those who think that debt is always good and those who think that debt is always bad. This paper presents a normative model of endogenous growth with debt-financed public capital. It is shown
openaire +2 more sources
The public debt overhang spread across advanced countries, and the reform of the Stability and Growth Pact in the Euro Zone, have revived the polarization between those who think that debt is always good and those who think that debt is always bad. This paper presents a normative model of endogenous growth with debt-financed public capital. It is shown
openaire +2 more sources