Larrain, Borja (contributor); Yogo, Motohiro (contributor) - 2006 - Rev.
perspective, net repurchase of
equity and debt is a cash outflow from the corporate sector that (by definition) cannot be … literature by documenting
the history of payout, issuance, and asset value for the U.S. nonfinancial corporate sector
since 1926 …, the relevant
notion of depreciation is economic rather than accounting. Economic depreciation includes
capital gains and …