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Browsing ADEMU Working Papers Series by Subject "Financial constraints"

Browsing ADEMU Working Papers Series by Subject "Financial constraints"

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  • Biguri, Kizkitza (2016-09)
    This paper examines the relation between debt structure and investment, by exploiting differences in secured and unsecured debt holdings. In order to address endogeneity concerns, I exploit two sources of exogenous variation ...
  • Ari, Anil (2018-03)
    I propose a dynamic general equilibrium model in which strategic interactions between banks and depositors may lead to endogenous bank fragility and slow recovery from crises. When banks’ investment decisions are not ...

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