Results 161 to 170 of about 3,370,229 (250)
Bank Opacity and Safe Asset Moneyness
Abstract A bank is more effective as a supplier of money‐like safe assets when (i) its return on equity (ROE) is relatively lower and (ii) it is relatively more opaque about its balance sheet. A model is presented to support this, emphasizing that safe asset investors focus on the left tail of the collateral value distribution.
SANG RAE KIM
wiley +1 more source
Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters
ABSTRACT American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz +3 more
wiley +1 more source
ABSTRACT The federal government, and its budget process, are facing unprecedented challenges. The federal debt is at historic levels, the process is in disarray, and the constitutional balance of powers is being challenged as never before. The debt, driven by growth in entitlement spending, stands at $38 trillion and is projected to continue to grow if
Carolyn Bourdeaux +4 more
wiley +1 more source
Resolution of corporate insolvency during COVID-19 pandemic. Evidence from France. [PDF]
Stef N, Bissieux JJ.
europepmc +1 more source
Initiative for China to establish a dual model of mixed corporate governance on bankruptcy reorganization: An empirical analysis based on 93 listed companies. [PDF]
Yuxia S, Congyuan Y, Zhiya L, Yanting T.
europepmc +1 more source

