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 …

paper. Affordability, investment and credit are explored using simple numerical illustrations to highlight important aspects … of probably the most pervasive means of finance, debt. Interest rate and other movements over decades can generate … significant variations in yields realised from investments. Conditions over recent decades appear to have made debt …

I examine how the verification of financial statements influences lenders’ debt pricing decisions. To do so, I obtain … lower cost of debt, but also that lenders place significantly more weight on audited, compared to unaudited, financial …

determine investment returns. Studies have shown that team managed mutual funds exhibit similar risk adjusted performance to … effect on equity objective mutual funds, while having a positive impact on Debt and Equity combination funds. In addition …, our research concludes that team management has no significant effect on funds whose primary focus is debt. Across the …

, excess debt and the loss in competitiveness), which are all closely interlinked, were factors of vulnerability. But even …

imbalances accumulated in the high-growth phase (the real estate boom, excess debt and the loss in competitiveness), which are …

not only in the intensity of debt reduction but also in the distribution between agents and productive sectors, and in the … policies and international environments. In the United States the drivers reducing debt are the improvement in activity and … household debt restructuring and defaults ; in the United Kingdom inflation has dominated, eroding the value of debt ; and in …

durante el período 2007-2009 ; Household debt in many advanced economies has increased significantly since the 1980s and … of financial constraints, we find that aggregate consumption is also driven by the dynamics of housing debt accumulation …