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How costly corporate bankruptcy for the CEO?

Eckbo, B. Espen; Thorburn, Karin S.; Wang, Wei - 2015

Persistent link: https://www.econbiz.de/10011441349

Debtor-in-possession financing, loan-to-loan, and loan-to-own

Li, Kai; Wang, Wei - In: The journal of corporate finance : contracting, … 39 (2016), pp. 121-138

Persistent link: https://www.econbiz.de/10011548615

Rent extraction by super-priority lenders

Eckbo, B. Espen; Li, Kai; Wang, Wei - 2019

We present strong evidence of supra-competitive pricing of debtor-in-possession (DIP) loans to large firms in Chapter 11 bankruptcy. Over-collateralized and with super-priority, strong covenants, rollups, and debtor-funded monitoring costs, these loans are almost risk-free. Nonetheless, loan...

Persistent link: https://www.econbiz.de/10012104589

Liquidity and asset prices : how strong are the linkages?

Dreger, Christian; Wolters, Jürgen - 2009

central banks. One hot topic is whether the rise in liquidity in recent years has contributed to the formation of price … limit speculative runs and negative effects on the real economy in the future. We explore the impacts of liquidity shocks on … real share and house prices and the influence of wealth prices on liquidity. VAR models are specified for the US and the …

Persistent link: https://www.econbiz.de/10011389101

How costly is corporate bankruptcy for the CEO?

Eckbo, B. Espen; Thorburn, Karin S.; Wang, Wei - In: Journal of financial economics 121 (2016) 1, pp. 210-229

Persistent link: https://www.econbiz.de/10011590687

Liquidity shock, credit constraint and the development of private vs. state-owned enterprises

Shi, Qing; Wang, Chen; Wang, Wei - In: Frontiers of economics in China : selected publications … 14 (2019) 4, pp. 583-603

Persistent link: https://www.econbiz.de/10012227448

Dissection bankruptcy frictions

Dou, Winston Wei; Taylor, Lucian A.; Wang, Wei; Wang, Wenyu - 2019

Persistent link: https://www.econbiz.de/10012170850

M3 money demand and excess liquidity in the euro area

Dreger, Christian; Wolters, Jürgen - 2010

elasticity of money demand after 2001 is taken into account. Measures of excess liquidity do not show significant inflation …

Persistent link: https://www.econbiz.de/10011518878

Liquidity and asset prices : how strong are the linkages?

Dreger, Christian; Wolters, Jürgen - 2010 - Submitted on 10/Sept./2010

central banks. One hot topic is whether the increase in liquidity has contributed to the formation of price bubbles in asset … liquidity shocks on real share and house prices, VAR models are specified for the US and the euro area, as well as global VARs … to control for international feedback. The analysis points to some impact of liquidity shocks on house prices, but the …

Persistent link: https://www.econbiz.de/10011518883

Corporate investment and stock liquidity : evidence on the price impact of trade

Kang, Moonsoo; Wang, Wei; Eom, Chanyoung - In: Review of financial economics : RFE 33 (2017), pp. 1-11

Persistent link: https://www.econbiz.de/10011866232