Dezentralisierung die Anreize der politischen Entscheidungsträger beeinflusst, öffentlichen Ausgaben über Schulden zu finanzieren … policy-makers to finance public expenditures with debt. The findings in this dissertation suggest that the effect of fiscal …

debt, which never enjoys any power of decision. Secondly, the topic of private debt workouts is taken up. It has often been …

This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of … debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting … of simple tax proxy, the effective tax rate, leads to a spurious negative relation between debt usage and tax rates. The …

risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …

’ financial management considering high usage of debt financing, litter effort has been made. Considering the extent of hotel … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …

well-being. The purpose ofthis thesis is to analyze the inclusion of assets and debt in the model of one’s subjective … wellbeing.In addition, interaction effects between income and assets, and income and debt, will beexamined. Through the use of … ordered probit regressions, we find that assets and debt must beincluded in order to model one’s subjective well …

The dissertation deals with the optimal combination of short and long-term debt and argues that relevancy of the … each period. Therefore the tax benefits of debt and the probability of bankruptcy will be the same regardless of the … tax benefits of debt. For example, as interest rates fall, the price of the long-term bond rises. If the bond is called …