Search Results - subject:"Maturity structure"

How loan interest rate liberalization affects firms’ loan maturity structure : Evidence from listed manufacturing companies in China

Zhou, Jianfang; Wang, Jingjing; Ding, Jianping - In: China Finance Review International 4 (2014) 2, pp. 153-167

interest rate liberalization on firms’ loan maturity structure. Design/methodology/approach – Based on Rajan's (1992) model …

Persistent link: https://www.econbiz.de/10014694586

Ownership control and debt maturity structure: evidence from China

Ruan, Wenjuan; Cullen, Grant; Ma, Shiguang; Xiang, Erwei - In: International Journal of Managerial Finance 10 (2014) 3, pp. 385-403

Purpose – The authors examine the debt maturity structure of Chinese listed companies during the period when bond …

Persistent link: https://www.econbiz.de/10014785553

Government Debt Management: The Long and the Short of It

Faraglia, Elisa; Marcet, Albert; Oikonomou, Rigas; … - C.E.P.R. Discussion Papers - 2014

Our aim is to provide insights into some basic facts of US government debt management by introducing simple financial frictions in a Ramsey model of fiscal policy. We find that the share of short bonds in total U.S. debt is large, persistent, and highly correlated with total debt. A well known...

Persistent link: https://www.econbiz.de/10011096106

Modelling Long Bonds - The Case of Optimal Fiscal Policy

Faraglia, Elisa; Marcet, Albert; Scott, Andrew - C.E.P.R. Discussion Papers - 2014

We show how to model portfolio models in the presence of long bonds. Specifically we study optimal fiscal policy under incomplete markets where the government issues bonds of maturity N 1. Assuming the existence of long bonds introduces an additional intertemporal mechanism that makes taxes...

Persistent link: https://www.econbiz.de/10011083295

Government Debt Management: The Long and the Short of It

Faraglia, Elisa; Marcet, Albert; Oikonomou, Rigas; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

Persistent link: https://www.econbiz.de/10011095069

How loan interest rate liberalization affects firms’ loan maturity structure: Evidence from listed manufacturing companies in China

Zhou, Jianfang; Wang, Jingjing; Ding, Jianping - In: China Finance Review International 4 (2014), pp. 153-167

interest rate liberalization on firms’ loan maturity structure. Design/methodology/approach - Based on Rajan's (1992) model …

Persistent link: https://www.econbiz.de/10010891199

Ownership control and debt maturity structure: evidence from China

Ruan, Wenjuan; Cullen, Grant; Ma, Shiguang; Xiang, Erwei - In: International Journal of Managerial Finance 10 (2014) June, pp. 385-403

Purpose – The authors examine the debt maturity structure of Chinese listed companies during the period when bond …

Persistent link: https://www.econbiz.de/10010778782

Debt maturity without commitment

Niepelt, Dirk - In: Journal of Monetary Economics 68 (2014) S, pp. 37-37

How does sovereign risk shape the maturity structure of public debt? We consider a government that balances benefits of … of debt. The equilibrium maturity structure minimises these welfare costs. It is interior with positive gross positions …

Persistent link: https://www.econbiz.de/10011076651

Ownership control and debt maturity structure : evidence from China

Ruan, Wenjuan; Cullen, Grant; Ma, Shiguang; Xiang, Erwei - In: International journal of managerial finance : IJMF 10 (2014) 3, pp. 385-403

Persistent link: https://www.econbiz.de/10010382191

How loan interest rate liberalization affects firms' loan maturity structure : evidence from listed manufacturing companies in China

Zhou, Jianfang; Wang, Jingjing; Ding, Jianping - In: China finance review international 4 (2014) 2, pp. 153-167

Persistent link: https://www.econbiz.de/10011337799