Showing 1 - 10 of 98,366
Persistent link: https://www.econbiz.de/10011997303
Persistent link: https://www.econbiz.de/10011598468
Persistent link: https://www.econbiz.de/10014580350
We model the financing, cash holdings, and hedging policies of a firm facing financing frictions and subject to permanent and transitory cash flow shocks. We show that permanent and transitory shocks generate distinct, sometimes opposite, effects on corporate policies and use the model to...
Persistent link: https://www.econbiz.de/10011519080
problems of estimation, analysis and management of risk are considered. Software for risk problems based on LP-methods, LP-theory …
Persistent link: https://www.econbiz.de/10014274785
This book proposes a uniform logic and probabilistic (LP) approach to risk estimation and analysis in engineering and economics. It covers the methodological and theoretical basis of risk management at the design, test, and operation stages of economic, banking, and engineering systems with...
Persistent link: https://www.econbiz.de/10014275012
Structural and Logical Modeling -- Logical And Probabilistic Theory Of Risk With Groups Of Incompatible Events -- Identification … Theory Of Non Success Risk -- Training Course Modeling Estimation and Analysis of Risks in Economics. … principles of the modern risk LP theory (the LP-calculus, the LP-methods and the risk LP-theory with GIE) using uniform …
Persistent link: https://www.econbiz.de/10013522908
I develop a dynamic capital structure model to examine how the nature of risk affects firm's debt policy. In the model, firm's fundamental risk, captured by its cash flow process, consists of transitory and persistent parts with markedly different dynamics. The model explains the observed...
Persistent link: https://www.econbiz.de/10011874719
Persistent link: https://www.econbiz.de/10011535335
Persistent link: https://www.econbiz.de/10011541366