Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 11 of 11 for “"Debt Issuance"”.
-
Three essays on debt pricing
… contains three chapters that study risky debt pricing. The first chapter studies defaultable consumer debt in general equilibrium. The second and third chapters study corporate debt in partial equilibrium. Below are the individual abstracts for each chapter. Chapter 1: What Drives the …
-
Tribal economic development bonds : lessons learned and implications for nation-building
… limitations on the ability to issue tax free debt - limitations that are not applied to State or Local governments. Tribal government leaders say these restrictions unjustly limit their economic sovereignty and prohibit their ability to offer favorable conditions for financing economic …
-
Two essays on capital structure
… and stock price histories affect corporate debt ratios. Consistent with earlier work, we find that these variables have a substantial influence on changes in capital structure. Specifically, stock price changes and financial deficits (i.e., the amount of external capital raised) have strong …
-
Managerial Risk-Taking and Secured Debt: Evidence from REITS
… study focuses on the correlation between secured debt and managerial risk-taking incentive. A few findings need to be emphasized. First is the positive relation between secured debt and managerial risk-taking incentive (LNVEGA). This relation is confirmed by several robustness tests. This relation …
-
Institutional Frictions & Policy Constraints in Macroeconomic Transmission: Essays in Macroeconomics, Monetary & Fiscal Policy, and DSGE Business Cycle Modelling
… occasionally binding limits to (inflationary) debt issuance and accumulation. Chapter 2 examines the integration occasionally binding policy constraints in heterogeneous agents DSGE, such as ZLBs/ELBs, with financial frictions at the household level, and applications to the question of …
-
Essays in MacroFinance
I consider how debt structure affects asset prices and firm behavior. In Chapter 1, I use a multi-state, general-equilibrium model with collateralized financial promises to study how allowing an asset to back multiple financial contracts (i.e., tranching) affects price bases. A basis emerges when …
-
Essays in Financial Economics and Econometrics
… from the inclusion of specific corporate debt instruments in the Central Bank of Brazil’s collateral framework and implement a novel dynamic regression discontinuity design. We find that eligibility increases firms’ debt issuance, modestly lowers spreads, and reduces cash holdings, …
-
Essays on human capital and financial economics by Jialan Wang.
… distress, and they are more likely to use debt issuance to raise funds prior to bankruptcy. Second, human-capital-intensive firms are more likely to be liquidated within bankruptcy. In the second chapter (co-authored with Pierre Azoulay and Joshua Graff Zivin), we estimate the magnitude of …
-
Essays on the Dynamics of Capital Structure
… the factors driving firms to issue (repurchase) debt or equity or combination of both and simultaneously the factors affecting the size of issue (repurchase)
-
Essays on corporate innovation
In this dissertation, I explore the underlying mechanisms through which a firm innovates and invests in Research and Development (R&D). It consists of two essays. The initial essay investigates the effects of aggregate stock market liquidity on innovation at both the aggregate and firm levels for …
-
The impact of Islamic Debt on firm performance
… analysis to examine the impact of Islamic debt on firm value and firm financial performance by observing two groups, namely Malaysian firms and Indonesian firms. The study in particular considers (i) the impact of Islamic debt on firm value and firm financial performance, (ii) the Islamic …