Search

Triantis is at the Smith School of Business, Department of Finance, Uni-versity of Maryland (atriantis@rhsmith.umd.edu). ... Smith School of Business. We thank withoutimplications for comments and suggestions Yuri Tserlukevich, Thomas Dangl, and the

to the risk of liquidation and hence different degrees of effective risk aversion. ... t > 0. This earnings process is. widely used in the corporate finance literature.4 Note that the earnings process (1) can.

Kimmo Soramäki is the Founder and CEO of Financial Network Analytics and Editor-in-Chief of the Journal of Network Theory in Finance. ... He has published in the top economics journals including Econometrica, the American Economic Review and

2.1. Technology adoption and diffusion. 15. 2.2. Green growth: macroeconomics and the finance of innovations.18. ... This includes important economic phenomena such as the profile ofdiffusion of innovations, learning-by-doing, expectations in finance and

Erwan Morellec acknowledges financial support from the Swiss Finance Institute.†Toulouse School of Economics.‡Erasmus University Rotterdam.Swiss Finance Institute, EPFL, and CEPR.Toulouse School of Economics. ... During the past two decades, dynamic

sibility of disciplining management through the threat of intervention and. threat of exit. ... One of the fundamental issues in modern corporate finance is the problem of.

While those papers take the cost of financingas given, this paper microfounds the determinants of the cost of equity finance versus asset sales. ... it has exhausted other sources of finance such as risk-free debt capacity.

speaks to an important question in corporate finance: why and when debtholders should par-. ... securities to finance this initial cost.

Banking and finance was the only non-housing related industry where all the different multiplier effects were close to those in the construction industry. ... In turn this would lever in additional money from private finance: for every £64 of public

ous aspects of the housing market, with. special reference to housing finance and. ... governance. The analysis was undertaken between December 2010 and May 2012. The project was led by Christine Whitehead, Professor in Housing in the Department of