This paper examines the effects of different types of private debt on firm cash balances, equity risk, and investment. Firms with more bank loans have more cash and investment, but lower equity risk. Firms with more nonbank private debt have more cash, lower equity risk, and less investment....

In many ways, black men were still worse off than white men in 2000, more than three decades after passage of the Civil Rights Act. A decline in manufacturing and relatively low levels of education were contributing factors.

Characteristics of interest subjects in land circulation market of rural China are introduced, which are land supplier (peasant household) and requester (large household). It is pointed out that due to the poor management capacity and market adaptability, peasant household may rent some or all...

In this paper, the effects of inlet temperature and rib height on the fluid flow and heat transfer performances of the ribbed channel inside the high temperature heat exchanger are presented. The inlet temperature varies from 850K to 1250K and the ratio of rib height to channel height varies...

The aim of this study is to determine whether the domestic economy as represented by the interest rate, the international economic status as represented by the exchange rate or both determine sovereign Credit Default Swap (CDS) spreads. Using a Vector Autoregressive (VAR) and Granger...

The actual gender wage disparity (which compares the wages of male and female workers with similar labor-force characteristics) is lower than the raw gender earnings gap.

We study a sample of SEOs to examine the impact of private debt and unused credit lines on SEO underpricing and long-run stock and operating performance. We do not find significant effects of private debt financing on SEO underpricing and long-run stock underperformance. However, firms with more...