uring the 1980s, the proportion of business assets financed by debt exceeded that of any other period since World War … contain novel options. ; These innovations have challenged the traditional financial and legal distinctions between debt and …

new way of restructuring and a measure of last resort, involving the change of the company’s capital structure, by …, sharing capital and motivation. …

restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as stagflation, with the …

‐science? Points out that Roscher, like his contemporaries, failed to anticipate the proliferation of war debt and other public debt …, consumer debt, corporate takeover financing and other on‐productive uses of credit. Concludes by comparing Roscher′s ideas with …

decade. These include infrastructure upgrading, public sector reform, increased military procurements, massive capital … inflows and foreign debt build‐up. States a better understanding of these trends will promote strategic entry into fast …

The CLASS model is a top-down capital stress testing framework that projects the effect of different macroeconomic … industry capital gap relative to a target ratio at different points in time under a common stressful macroeconomic scenario …. This estimated capital gap began rising four years before the financial crisis and peaked at the end of 2008. The gap has …