Results 301 to 310 of about 1,415,607 (359)

Debts on debts [PDF]

open access: possibleThe 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

Critical debt and debt dynamics

Journal of Economic Dynamics and Control, 2000
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Semmler, W. W., Sieveking, M.
openaire   +2 more sources

Debt Portfolios [PDF]

open access: possibleSSRN Electronic Journal, 2011
We provide a model with endogenous portfolios of secured and unsecured household debt. Secured debt is collateralized by owner-occupied housing whereas unsecured debt can be discharged according to bankruptcy regulations. We show that the calibrated model matches important quantitative characteristics of observed wealth and debt portfolios for prime ...
Hintermaier, Thomas, Koeniger, Winfried
openaire   +6 more sources

Debt Specialization

SSRN Electronic Journal, 2010
ABSTRACTThis paper examines debt structure using a new and comprehensive database on types of debt employed by public U.S. firms. We find that 85% of the sample firms borrow predominantly with one type of debt, and the degree of debt specialization varies widely across different subsamples—large rated firms tend to diversify across multiple debt types,
COLLA, PAOLO, IPPOLITO, FILIPPO, K. Li
openaire   +1 more source

Inside Debt

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

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