apologized and acknowledged a “moral debt” that it owes the Haitian people. But is there a legal debt that Haiti, one of the …

). The HDC can order an immediate repayment or grant a debt suspension. Exploiting the random assignment of bankruptcy … filings to managers, we show that a debt suspension has a very significant and negative effect on the likelihood to re … the nature of their indebtedness. Our results imply that rather than focusing on a specific debt profile, above all a …

was on debt. The papers presented at the conference and the discussants' comments are released as BIS Working Papers 479 … to 482.BIS Papers No 80 contains the opening address by Jaime Caruana (General Manager, BIS) on "Debt: the view from …:"http://ssrn.com/abstract=2552018" Understanding the Role of Debt in the Financial System"http://ssrn.com/abstract=2552572" Trilemmas and Trade …

The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time … their debt-maturity issuance. The early results that are indicative of debt-maturity timing are not robust to accounting for … structural breaks or to other measures of debt maturity from firm-level data that account for call and put provisions in debt …