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The Aggregate Dynamics of Capital Structure and Macroeconomic Risk
16 references·16 citing·43 second hopsampled
The Aggregate Dynamics of Capital Structure and Macroeconomic Risk (2008)The Aggregate Dynamics of Capital Structu…Financial Constraints Risk (2006)Financial Constraints RiskThe Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Risks for the Long Run: A Pot…By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…Credit Cycles (1997)Credit CyclesInside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Inside the Black Box: The Cre…Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Monetary Policy, Business Cyc…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Substitution, Risk Aversion, …A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)A New Approach to the Economi…The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)The Dividend-Price Ratio and …Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1986)The Dividend-Price Ratio and …Asset Prices in an Exchange Economy (1978)Asset Prices in an Exchange E…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…A One-Factor Model of Corporate Bond Premia (2023)A One-Factor Model of Corpora…Time-Varying Risk of Nominal Bonds: How Important Are Macroeconomic Shocks? 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References

  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1989A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle9,681 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1997Credit Cycles5,254 cited
  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • 1978Asset Prices in an Exchange Economy5,057 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 2000Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles4,249 cited
  • 1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission4,205 cited
  • 1988The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors3,784 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 1994Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms

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2,546 cited
  • 1986The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors2,425 cited
  • Cited by

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    • 2016Macroeconomic Risk and Debt Overhang*81 cited
    • 2012Endogenous Completeness of Diffusion Driven Equilibrium Markets73 cited
    • 2013Fire-sale Spillovers and Systemic Risk68 cited
    • 2018Macroeconomic conditions, financial constraints, and firms’ financing decisions59 cited
    • 2011The Dynamics of Sovereign Credit Risk56 cited
    • 2012Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads48 cited
    • 2010INCORPORATING RISK AND AMBIGUITY AVERSION INTO A HYBRID MODEL OF DEFAULT46 cited
    • 2014Credit market frictions and capital structure dynamics45 cited
    • 2018Time-Varying Risk of Nominal Bonds: How Important Are Macroeconomic Shocks?41 cited
    • 2023A One-Factor Model of Corporate Bond Premia41 cited
    • 2011Limited Arbitrage between Equity and Credit Markets39 cited
    • 2011Modeling Credit Contagion Via the Updating of Fragile Beliefs34 cited
    • 2013Measuring the Financial Soundness of U.S. Firms, 1926-201233 cited