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Does corporate lending by banks and finance companies differ? : Evidence on specialization in private debt contracting

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Leverage as a state variable for employment, inventory accumulation and fixed investment

Calomiris, Charles W. - In: Asset prices and the real economy, (pp. 169-193). 1997

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Does corporate lending by banks and finance companies differ? : Evidence on specialization in private debt contracting

Carey, Mark S. - In: The journal of finance : the journal of the American … 53 (1998) 3, pp. 845-878

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Financial market imperfections, firm leverage, and the cyclicality of employment

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Leverage as a state variable for employment, inventory accumulation, and fixed investment

Calomiris, Charles W. - 1994

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Leverage as a State Variable for Employment, Inventory Accumulation, Andfixed Investment

Calomiris, Charles W.; Orphanides, Athanasios; Sharpe, … - 2021

The importance of a firm's balance sheet for determining its investment and employment decisions is the central assumption of macroeconomic models of 'debt deflation' or 'debt overhang.' According to these models, firm investment decisions are influenced not only by the fundamental opportunity...

Persistent link: https://www.econbiz.de/10013247267

Leverage as a State Variable for Employment, Inventory Accumulation, andFixed Investment

Calomiris, Charles W. - 1994

Persistent link: https://www.econbiz.de/10012474120