Narrow search
Showing 1 - 10 of 10,114
Cover Image
Debt and creative destruction : why could subsidizing corporate debt be optimal?
He, Zhiguo; Matvos, Gregor - In: Management science : journal of the Institute for … 62 (2016) 2, pp. 303-325
Persistent link: https://www.econbiz.de/10011446169
Cover Image
The term structure of the welfare cost of uncertainty
Lopez, Pierlauro - 2014
Persistent link: https://www.econbiz.de/10010439780
Cover Image
Welfare effect of closing loopholes in the dividend-withholding tax : the case of cum-cum and cum-ex transactions
Casi-Eberhard, Elisa; Gavrilova, Evelina; Murphy, David; … - 2022
We study the effect of reforms that close loopholes in the enforcement of the dividend-withholding tax (DWT). We focus … quantity of stocks on loan. Before the reform all Nordic countries have a strong spike in stocks on loan centered around the ex-dividend … portfolio investment or dividend policy. We also consider DWT arbitrage among 15 European countries between 2010-2019. We find …
Persistent link: https://www.econbiz.de/10012822099
Cover Image
Good, economic welfare, and the national dividend : Pigou's welfare triad
Aldrich, John Herbert - In: Journal of the history of economic thought 45 (2023) 3, pp. 403-426
Persistent link: https://www.econbiz.de/10014365447
Cover Image
Welfare effect of closing loopholes in the dividend-withholding tax : the case of cum-cum and cum-ex transactions
Casi-Eberhard, Elisa; Gavrilova, Evelina; Murphy, David; … - 2022
Persistent link: https://www.econbiz.de/10013190517
Cover Image
Welfare effect of closing loopholes in the dividend-withholding tax : the case of cum-cum and cum-ex transactions
Casi-Eberhard, Elisa; Gavrilova, Evelina; Murphy, David; … - 2022
Persistent link: https://www.econbiz.de/10013284088
Cover Image
Agency conflicts around the world
Morellec, Erwan; Nikolov, Boris; Schürhoff, Norman - 2015
We use a dynamic model of financing decisions to measure agency conflicts for a large panel of 12,652 firms from 14 countries. Our estimates show that agency conflicts are large and vary significantly across firms and countries. Differences in agency conflicts are largely due to differences in...
Persistent link: https://www.econbiz.de/10011410744
Cover Image
Re-use of collateral : leverage, volatility, and welfare
Brumm, Johannes; Kubler, Felix; Grill, Michael; … - 2017
We assess the quantitative implications of the re-use of collateral on financial market leverage, volatility, and welfare within an infinite-horizon asset-pricing model with heterogeneous agents. In our model, the ability of agents to re-use frees up collateral that can be used to back more...
Persistent link: https://www.econbiz.de/10011626567
Cover Image
Consumer welfare and the strategic choice of price cap and leverage ratio
Sarkar, Sudipto - In: The quarterly review of economics and finance : journal … 60 (2016), pp. 103-114
Persistent link: https://www.econbiz.de/10011627364
Cover Image
Financial intermediation, leverage, and macroeconomic instability
Phelan, Gregory - 2015
Persistent link: https://www.econbiz.de/10011333119