Chapter 1 presents a model of capital structure that endogenizes investment and financial policy and has fixed costs of … with growth firms, asset-in-place firms are more likely to recapitalize outside of large investment projects. More … accelerate investment when volatility is high. Chapter 2 tests the model's predictions with respect to financial policy by …

the case where only standard financial contracts are available. The theory explains why bankruptcy law should, in some … besseren Firmen die Eigner und die Gläubiger gemeinsam über das Fortbestehen der Firma entscheiden sollten. Die Theorie kann …

secondary mortgage markets. The investment behavior of real estate assets. The development of REITs and securitized debt markets … presents some of the major concepts, principles, analytical methods and tools useful for making investment and finance …, portfolio or firm level decisions and investment management considerations. (More fundamental "micro" level analysis, pertaining …

has a positive and significant effect on their investment levels. Our results are consistent with the theory that …

the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …