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Kajian Biblika Kebebasan Finansial Alkitabiah
Finance is an important aspect of human life, so having financial freedom is the hope of many people. But poor financial management often makes a person depressed and frustrated.
Jhon Leonardo Presley Purba+1 more
doaj +1 more source
Technical debt and agile software development practices and processes: An industry practitioner survey [PDF]
Context: Contemporary software development is typically conducted in dynamic, resource-scarce environments that are prone to the accumulation of technical debt. While this general phenomenon is acknowledged, what remains unknown is how technical debt specifically manifests in and affects software processes, and how the software development techniques ...
arxiv +1 more source
On the Pricing of Corporate Debt: The Risk Structure of Interest Rates
Presented at the American Finance Association Meeting, New York, December 1973.(This abstract was borrowed from another version of this item.)
R. C. Merton
semanticscholar +1 more source
We examine the economics of financing small business in private equity and debt markets. Firms are viewed through a financial growth cycle paradigm in which different capital structures are optimal at different points in the cycle. We show the sources of
Allen N. Berger, Gregory F. Udell
semanticscholar +1 more source
On the Determination of the Public Debt
A public debt theory is constructed in which the Ricardian invariance theorem is valid as a first-order proposition but where the dependence excess burden on the timing of taxation implies an optimal time path of debt issue. A central proposition is that
R. Barro
semanticscholar +1 more source
Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link [PDF]
Do Highly Indebted Poor Countries (HIPCs) suffer from a debt overhang? Is debt relief going to improve their growth rates? To answer these important questions, we look at how the debt-growth relationship varies with indebtedness levels and other country characteristics in a panel of developing countries.
Tito Cordella+2 more
openaire +4 more sources
Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt
While the benefits of bank financing are relatively well understood, the costs are not. This paper argues that while informed banks make flexible financial decisions which prevent a firm's projects from going awry, the cost of this credit is that banks ...
R. Rajan
semanticscholar +1 more source
The Brazilian Swindle and the Larger International Monetary Problem
The IMF’s recent loan to Brazil is the best seen as a mechanism of political control rather than economic assistance, except in a very unsustainable short run.
JAMES K. GALBRAITH
doaj +1 more source
Global Waves of Debt: Causes and Consequences
ADVANCE EDITION OF BOOK EXPECTED IN 2020. The global economy has experienced four waves of debt accumulation over the past fifty years. The first three debt waves ended with financial crises in many emerging and developing economies.
M. Kose+3 more
semanticscholar +1 more source
This paper surveys the literature on the macroeconomic effects of government debt. It begins by discussing the data on debt and deficits, including the historical time series, measurement issues, and projections of future fiscal policy. The paper then presents the conventional theory of government debt, which emphasizes aggregate demand in the short ...
Elmendorf, Douglas W., Mankiw, N
openaire +3 more sources