The Changing Roles of Debt and Equity in Financing U.S. Capital Formation

Download The Changing Roles of Debt and Equity in Financing U.S. Capital Formation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226263436
Total Pages : 125 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis The Changing Roles of Debt and Equity in Financing U.S. Capital Formation by : Benjamin M. Friedman

Download or read book The Changing Roles of Debt and Equity in Financing U.S. Capital Formation written by Benjamin M. Friedman and published by University of Chicago Press. This book was released on 2009-05-15 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, consisting of papers presented at a conference held at Williamsburg, Va., 2-3 April 1981, is a progress report on the National Bureau of Economic Research project, The Changing Roles of Debt and Equity in Financing U.S. Capital Formation. The National Bureau has undertaken this project—including the conference, the research described in this volume, and the publication of the volume itself—with the support of the American Council of Life Insurance.

The Changing Roles of Debt and Equity in Financing U.S. Capital Formation

Download The Changing Roles of Debt and Equity in Financing U.S. Capital Formation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226263403
Total Pages : 115 pages
Book Rating : 4.2/5 (634 download)

DOWNLOAD NOW!


Book Synopsis The Changing Roles of Debt and Equity in Financing U.S. Capital Formation by : Benjamin M. Friedman

Download or read book The Changing Roles of Debt and Equity in Financing U.S. Capital Formation written by Benjamin M. Friedman and published by University of Chicago Press. This book was released on 1982-01-01 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, consisting of papers presented at a conference held at Williamsburg, Va., 2-3 April 1981, is a progress report on the National Bureau of Economic Research project, The Changing Roles of Debt and Equity in Financing U.S. Capital Formation. The National Bureau has undertaken this project—including the conference, the research described in this volume, and the publication of the volume itself—with the support of the American Council of Life Insurance.

Changing Roles of Debt and Equity in Financing U.S. Capital Formation, The. A Project Report National Bureau of Economic Research

Download Changing Roles of Debt and Equity in Financing U.S. Capital Formation, The. A Project Report National Bureau of Economic Research PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (746 download)

DOWNLOAD NOW!


Book Synopsis Changing Roles of Debt and Equity in Financing U.S. Capital Formation, The. A Project Report National Bureau of Economic Research by : Benjamin M. Friedman

Download or read book Changing Roles of Debt and Equity in Financing U.S. Capital Formation, The. A Project Report National Bureau of Economic Research written by Benjamin M. Friedman and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Capital Structures in the United States

Download Corporate Capital Structures in the United States PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226264238
Total Pages : 404 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Corporate Capital Structures in the United States by : Benjamin M. Friedman

Download or read book Corporate Capital Structures in the United States written by Benjamin M. Friedman and published by University of Chicago Press. This book was released on 2009-05-15 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research reported in this volume represents the second stage of a wide-ranging National Bureau of Economic Research effort to investigate "The Changing Role of Debt and Equity in Financing U.S. Capital Formation." The first group of studies sponsored under this project, which have been published individually and summarized in a 1982 volume bearing the same title (Friedman 1982), addressed several key issues relevant to corporate sector behavior along with such other aspects of the evolving financial underpinnings of U.S. capital formation as household saving incentives, international capital flows, and government debt management. In the project's second series of studies, presented at the National Bureau of Economic Research conference in January 1983 and published here for the first time along with commentaries from that conference, the central focus is the financial side of capital formation undertaken by the U.S. corporate business sector. At the same time, because corporations' securities must be held, a parallel focus is on the behavior of the markets that price these claims.

Taxes and Capital Formation

Download Taxes and Capital Formation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226241858
Total Pages : 134 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Taxes and Capital Formation by : Martin Feldstein

Download or read book Taxes and Capital Formation written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have long recognized the importance of capital accumulation for productivity and economic growth. The National Bureau of Economic Research is currently engaged in a study of the relationship between such accumulation and taxation policies, with particular focus on saving, risk-taking, and corporate investment in the United States and abroad. The papers presented in Taxes and Capital Formation are accessible, nontechnical summaries of fourteen individual research projects within that study. Complete technical reports on this research are published in a separate volume, The Effects of Taxation on Capital Accumulation, also edited by Martin Feldstein. By addressing some of the most critical policy issues of the day with a minimum of economic jargon, Taxes and Capital Formation makes the results of Bureau research available to a wide audience of policy officials and staff as well as to members of the business community. The volume should also prove useful for courses in public policy, business, and law. In keeping with Bureau tradition, the papers do not contain policy recommendations; instead, they promote a better understanding of how the economy works and the effects of specific policies on particular aspects of the economy.

Corporate Capital Structures in the United States

Download Corporate Capital Structures in the United States PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 401 pages
Book Rating : 4.:/5 (671 download)

DOWNLOAD NOW!


Book Synopsis Corporate Capital Structures in the United States by : Benjamin M. Friedman

Download or read book Corporate Capital Structures in the United States written by Benjamin M. Friedman and published by . This book was released on 2009 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financing Corporate Capital Formation

Download Financing Corporate Capital Formation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226264246
Total Pages : 140 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis Financing Corporate Capital Formation by : Benjamin M. Friedman

Download or read book Financing Corporate Capital Formation written by Benjamin M. Friedman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six leading economists examine the financing of corporate capital formation in the U.S. economy. In clear and nontechnical terms, their papers provide valuable information for economists and nonspecialists interested in such questions as why interest rates are so high, why corporate debt has accelerated in recent years, and how government debt affects private financial markets. Addressing these questions, the contributors focus chiefly on three themes: the actual use of debt and equity financing by corporations in recent years; the factors that drive the financial markets' pricing of debt and equity securities; and the relationship between corporations' real investment decisions and their financial decisions. While some of the papers are primarily expository, others break new ground. Extending his previous work, Robert Taggart finds a closer relationship between corporate and government debt than has been supposed. Zvi Bodie, Alex Kane, and Robert McDonald conclude in their study that the volatility of interest rates under the Volcker regime has led to a rise in real interest rates because of investors' demand for a greater risk premium. All of the papers present empirical findings in a useful analytical framework. For its new findings and for its expert overview of issues central to an understanding of the U.S. economy, Financing Corporate Capital Formation should be of both historical and practical interest to students of economics and practitioners in the corporate and financial community.

Asymmetric Information, Corporate Finance, and Investment

Download Asymmetric Information, Corporate Finance, and Investment PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226355942
Total Pages : 354 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!


Book Synopsis Asymmetric Information, Corporate Finance, and Investment by : R. Glenn Hubbard

Download or read book Asymmetric Information, Corporate Finance, and Investment written by R. Glenn Hubbard and published by University of Chicago Press. This book was released on 2009-05-15 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity—and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences—asymmetries—in access to information between "borrowers" and "lenders" ("insiders" and "outsiders") in financial transactions affect investment decisions of firms and the organization of financial markets. The original research emphasizes the role of information problems in explaining empirically important links between internal finance and investment, as well as their role in accounting for observed variations in mechanisms for corporate control.

Statistical Abstract of the United States

Download Statistical Abstract of the United States PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1048 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!


Book Synopsis Statistical Abstract of the United States by :

Download or read book Statistical Abstract of the United States written by and published by . This book was released on 1984 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Toward a New U.S. Industrial Policy?

Download Toward a New U.S. Industrial Policy? PDF Online Free

Author :
Publisher : University of Pennsylvania Press
ISBN 13 : 1512819166
Total Pages : 532 pages
Book Rating : 4.5/5 (128 download)

DOWNLOAD NOW!


Book Synopsis Toward a New U.S. Industrial Policy? by : Michael L. Wachter

Download or read book Toward a New U.S. Industrial Policy? written by Michael L. Wachter and published by University of Pennsylvania Press. This book was released on 2017-01-30 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents some of the most critical and erudite opinions on the economy today. Bringing together the experience, predictions, and recommendations of distinguished leaders in politics, labor, and business, it provides a comprehensive examination of contrasting views in order to identify the shape that America's new industrial policy may take.

Corporate Reorganization Law and Forces of Change

Download Corporate Reorganization Law and Forces of Change PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0192604201
Total Pages : 304 pages
Book Rating : 4.1/5 (926 download)

DOWNLOAD NOW!


Book Synopsis Corporate Reorganization Law and Forces of Change by : Sarah Paterson

Download or read book Corporate Reorganization Law and Forces of Change written by Sarah Paterson and published by Oxford University Press. This book was released on 2020-10-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Reorganisation Law argues that corporate reorganisation law is seen by market participants as a tool they can mobilise and adapt according to practices, logics, and identities in the of the financial and non-financial corporate markets. Thus changes in market practice, in the participants in the process, or in how the participants view their objectives, can significantly change the ways in which corporate reorganisation law is mobilised and adapted, even if the law has not undergone any reform. This book argues that corporate reorganisation law cannot be evaluated using a theoretical model in isolation from the wider institutional context in which corporate reorganisation law is mobilised and adapted by the participants to the process. In establishing the new methodology, the book undertakes a detailed analysis of six key changes in market practice, logic and identities in the financial and non-financial corporate fields. A comparative US/UK approach is adopted in analysing both the process of institutional change and the implications for law. This provides a fascinating lens through which to see how different institutional environments in the financial and non-financial markets in different jurisdictions are drawing together, and interacting with very different legal systems which were adapted to the distinct, original institutional environments in which they were developed. From this analysis important lessons for legal harmonisation efforts in Europe and in non-European jurisdictions are drawn out. The work emphasises the need to look at formal legal rules in combination with other, non-legal and legal institutions and argues that current reform debates in both the US and UK have suffered because scholars, practitioners, and policy makers have not started their evaluation of the case for reform by placing corporate reorganisation law in this wider institutional context. The book aims to fill this gap, and to provide a methodological approach for the future.

Global Waves of Debt

Download Global Waves of Debt PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!


Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Studies in State and Local Public Finance

Download Studies in State and Local Public Finance PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226726258
Total Pages : 250 pages
Book Rating : 4.2/5 (267 download)

DOWNLOAD NOW!


Book Synopsis Studies in State and Local Public Finance by : Harvey S. Rosen

Download or read book Studies in State and Local Public Finance written by Harvey S. Rosen and published by University of Chicago Press. This book was released on 2007-12-01 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In fiscal year 1981-82, state and local government spending actually exceeded federal nondefense spending. However, past research in public finance has focused on federal spending and policies and paid little attention to the economic problems of state and local governments. Studies in State and Local Public Finance goes far in correcting this omission. Developed from a National Bureau of Economic Research conference on state and local financing, the volume includes papers summarizing and extending recent research as well as commentaries. Covering a wide range of topics, the papers share an empirical orientation and a concern with policy issues. The first two papers look at the role of tax-exempt bonds in local public finance. Their findings suggest that tax policies significantly affect municipal borrowing practices and that financial advantage can be achieved under certain of these practices. Other papers address specific issues related to state and local tax policy: the impact of local taxes on location decisions; efficient road-use charges for trucks; and the relation of income and general sales tax systems over time. Examining issues related to United States federalism, the last paper focuses on the impact of federal grant aid to states. The research and findings these papers report make an important contribution to the study of local public finance and should be of particular interest to policymakers and those involved in private and public financing at the local, state, or federal level.

Capital in the American Economy

Download Capital in the American Economy PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 1400879728
Total Pages : 694 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Capital in the American Economy by : Simon Smith Kuznets

Download or read book Capital in the American Economy written by Simon Smith Kuznets and published by Princeton University Press. This book was released on 2015-12-08 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of long-term trends in capital formation and financing in the U.S., this study is organized primarily around the principal capital-using sectors of the economy: agriculture, mining and manufacturing, public utilities, non-farm residential real estate, and government. The analysis summarizes major trends in real capital formation and financing, and the factors that determined the trends. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Central Bank and the Financial System

Download The Central Bank and the Financial System PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 023037915X
Total Pages : 528 pages
Book Rating : 4.2/5 (33 download)

DOWNLOAD NOW!


Book Synopsis The Central Bank and the Financial System by : C. Goodhart

Download or read book The Central Bank and the Financial System written by C. Goodhart and published by Springer. This book was released on 1995-03-06 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the current day-to-day operations of Central Banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole is generally accepted without much question and despite several attempts to challenge the value of the institution made by economists in recent decades. Professor C.A.E. Goodhart is ideally positioned to assess the role of the Central Bank being equally familiar with the theoretical arguments and with the actual working of central banks. Part 1 analyses the general purposes and functions of the Central Bank within the financial system and their evolution over time, Part 2 concentrates on the current objectives and operations of Central Banks, the maintenance of price stability in particular, and Part 3 analyses the broader issues of financial regulation. This book, providing a thorough and clear discussion of the questions connected with the role of the Central Bank in a modern financial system, will prove indispensable for students, academics and practitioners.

Financial Market Imperfections and Corporate Decisions

Download Financial Market Imperfections and Corporate Decisions PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 379081671X
Total Pages : 179 pages
Book Rating : 4.7/5 (98 download)

DOWNLOAD NOW!


Book Synopsis Financial Market Imperfections and Corporate Decisions by : Emilio Colombo

Download or read book Financial Market Imperfections and Corporate Decisions written by Emilio Colombo and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: We would like to thank Akos Valentinyi and Mark Schaffer for their advice on various stages of this research project. We also would like to thank our col leagues at the Department of Economics of the University of Milan - Bicocca for their advice and support. This book is the result of a long term project financed by various research grants: in particular the Phare-Ace programme (Project P-96-6151-R) and a research grant from the Italian Ministry of Education under the young researchers scheme. Milan, March 2005 Emilio Colombo Luca Stanca Contents Introduction 1 Financial market imperfections and corporate decisions: theory and evidence 7 2. 1 Introduction 7 2. 2 Financial market imperfections, investment and cycles 9 2. 2. 1 The Stiglitz view 9 2. 2. 2 Agency costs and macroeconomic fluctuations 15 2. 2. 3 Assessing the differences 18 2. 2. 4 Further developments 20 2. 2. 5 Empirical evidence 22 2. 3 Financial market imperfections and corporate capital structure 24 2. 3. 1 Asymmetric information and capital structure choice . . 25 2. 3. 2 Agency costs and capital structure choice 30 2. 3. 3 Empirical evidence 32 The transformation of the Hungarian financial system 35 3. 1 Introduction 35 3. 2 Macroeconomic background 36 3. 3 Liberalisation, privatisation and financial development 44 3. 3. 1 Banking and credit 45 3. 3. 2 Equity market 48 3. 3. 3 Foreign direct investment 49 3. 4 Financial sector reform 50 3. 4.

Aftermath

Download Aftermath PDF Online Free

Author :
Publisher : NYU Press
ISBN 13 : 0814772846
Total Pages : 296 pages
Book Rating : 4.8/5 (147 download)

DOWNLOAD NOW!


Book Synopsis Aftermath by : Craig Calhoun

Download or read book Aftermath written by Craig Calhoun and published by NYU Press. This book was released on 2011-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A co-publication with the Social Science Research Council."