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Illiquidity and under-valuation of firms
Gale, Douglas (contributor); Gottardi, Piero (contributor) - 2008
Persistent link: https://www.econbiz.de/10003790658
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Illiquidity and under-valuation of firms
Gale, Douglas; Gottardi, Piero - 2009
Persistent link: https://www.econbiz.de/10003897231
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Illiquidity and under-valutation of firms
Gale, Douglas; Gottardi, Piero - 2008
Persistent link: https://www.econbiz.de/10003912891
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Illiquidity and under-valuation of firms
Gale, Douglas; Gottardi, Piero - 2009
We study a competitive model in which market incompleteness implies that debt-financed firms may default in some states of nature and default may lead to the sale of the firms' assets at fire sale prices when markets are illiquid. This incompleteness is the only friction in the model and the...
Persistent link: https://www.econbiz.de/10003923631
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Capital structure, investment, and fire sales
Gale, Douglas; Gottardi, Piero - In: The review of financial studies 28 (2015) 9, pp. 2502-2533
Persistent link: https://www.econbiz.de/10011401252
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Financial intermediaries and markets
Allen, Franklin; Gale, Douglas - In: Econometrica : journal of the Econometric Society, an … 72 (2004) 4, pp. 1023-1061
Persistent link: https://www.econbiz.de/10002132517
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From cash-in-the-market pricing to financial fragility
Allen, Franklin (contributor); Gale, Douglas (contributor) - 2004
Persistent link: https://www.econbiz.de/10002960399
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From cash-in-the-market pricing to financial fragility
Allen, Franklin; Gale, Douglas - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 535-546
Persistent link: https://www.econbiz.de/10003017734
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Are bank capital ratios too high or too low? : Incomplete markets and optimal capital structure
Gale, Douglas; Özgür, Onur - In: Journal of the European Economic Association 3 (2005) 2/3, pp. 690-700
Persistent link: https://www.econbiz.de/10003018042
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Are bank capital ratios too high or too low? : Risk aversion, incomplete markets, and optimal capital structure
Gale, Douglas (contributor); Özgür, Onur (contributor) - 2004
Persistent link: https://www.econbiz.de/10002962028