Micro industrial firm panel data on short-term and long-term borrowing (term debt structure) for annual and quarterly … former test uses a regression model relating the ratio of accounts payable in trade to long-term debt to firm size and other …. -- Firms ; debt-structure ; monetary policy …

This paper evaluates and compares the effects of conventional and unconventional monetarypolicies on the corporate debt … effects on aggregate activity, but their impact on corporate debt structure goes inopposite directions: (i) conventional …

debt financing when earnings prospects are poor. We term this 'leaning against the wind' and consider three possible … unrealistically optimistic earnings expectations by analysts and deteriorating real opportunities, will rely more heavily on debt …