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of debt structure. -- Debt maturity ; capital structure ; transition period ; Ukraine …
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. -- Profit ; persistence ; convergence ; Markov chain analysis ; Ukraine …
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Our study investigates the link between bank lending behavior and macroeconomic uncertainty. We develop a dynamic model of a bank's value maximization that results in a negative relationship between loan to capital ratio and macroeconomic uncertainty. This proposition is tested using a panel of...
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power ; firm performance ; Ukraine …
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