Results 181 to 190 of about 320,240 (206)

The Dynamics of Corporate Debt Management

The Journal of Finance, 1971
During the last two decades wide attention has been given in the literature to the problem of "optimal capital structure" of a firm, that is, to the ratio of its debt to its equity. While it appears that two major theories have evolved, neither of the two has been fully accepted or rejected.
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Debt Dynamics and Default Probabilities

SSRN Electronic Journal, 2019
We derive a simple integral equation for the default probability over a finite time horizon of a company that makes coupon payments on its debt and infrequently returns to its leverage target by increasing its debt unless it defaults on its debt. Compared to the conventional (constant default barrier) formula, our formula permits the default barrier to
Dirk Hackbarth, Dirk Hackbarth, Yerkin Kitapbayev   +2 more
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Immutable laws of debt dynamics

Journal of Post Keynesian Economics, 2013
In the aftermath of the global financial crisis (GFC), the ostensible focus of medium-term macroeconomic policy in most advanced sovereign and nonsovereign countries has been the pursuit of fiscal sustainability through fiscal consolidation, which is often justified by reference to the algebra of debt and deficit dynamics (Blanchard et al., 1990 ...
Watts, Martin J., Sharpe, Timothy P.
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Dynamics of Public Debt Management

Cybernetics and Systems Analysis, 2013
In highly developed countries, the policy of raising the standard of living is conducted at the expense of the lack of social security and growth of public debt with little inflation, rather than production. Increasing the consumer demand of the population through the growth of the public debt increases the volume of production and the GDP; however, it
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Public Debt and the Dynamics of Economic Growth

SSRN Electronic Journal, 2010
We analyze effects of public debt on economic growth and its dynamics in a basic endogenous growth assuming that the history of debt affects the primary surplus of the government. The economy with a balanced government budget is characterized by a unique balanced growth path and a condition for saddle point stability is derived.
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Debt and incentives in a dynamic context

Journal of International Economics, 1996
Abstract The incentive problems associated with ‘debt overhang’ have been shown to make debt forgiveness potentially Pareto-improving. Models studying this argument abstract from the long-term character of the credit relationship. We show that the debt forgiveness argument is strengthened when incentive problems are considered in a multi-period ...
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Deflation and Inflation Dynamics with Debt

2013
A hallmark of financialization has been massive increase in inside debt (debt contracted between private sector borrowers and lenders).1 Increased debt has played a critical role within the corporate sector, financing leveraged buyouts and transforming corporate cash flows into interest payments that squeeze workers by limiting financial resources ...
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Dynamic debt issuance with jumps

Mathematics and Financial Economics, 2022
Andreea Minca, Johannes Wissel
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Phonon–Ion Interactions: Designing Ion Mobility Based on Lattice Dynamics

Advanced Energy Materials, 2021
Sokseiha Muy, Wolfgang G Zeier, Yang Shao-horn   +2 more
exaly  

Debt Dynamics

SSRN Electronic Journal, 2003
Chris Hennessy, Toni M. Whited
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