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 …

Since bank credit lines are a major source of corporate funding, we examine the determinants of credit line usage with … a comprehensive database of Spanish corporate credit lines. A line’s default status is a key factor driving its usage … decisions, and credit line usage is found to be inversely related to macroeconomic conditions …

This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera … determine the influence of credit and interest rate of economic growth in 1989-2008 of North Sumatra. This research uses … that the higher credit demand, then economic growth will increase. Meanwhile, the higher the interest rate, then economic …

determining short-term interest rates, which moves mainstream macroeconomics closer to Post Keynesian monetary theory. The current …

, while the correlation of investment and Tobin's Q is low, the correlation of investment and credit spreads is high. We … hence the credit spread, while reducing investment and increasing equity value. This shock hence generates a negative … correlation between investment and credit spreads, and between investment and Q, helping the model match the data. …