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Bank Debt versus Bond Debt: Evidence from Secondary Market Prices
16 references·12 citing·43 second hop
Bank Debt versus Bond Debt: Evidence from Secondary Market Prices (2010)Bank Debt versus Bond Debt: Evidence from…Presidential Address: Friction (2000)Presidential Address: FrictionA New Estimate of Transaction Costs (1999)A New Estimate of Transaction…Relationship Lending and Lines of Credit in Small Firm Finance (1995)Relationship Lending and Line…Banks and loan sales Marketing nonmarketable assets (1995)Banks and loan sales Marketin…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Collateral, loan quality and bank risk (1990)Collateral, loan quality and …Further evidence on the bank lending process and the capital-market response to bank loan agreements (1989)Further evidence on the bank …Some evidence on the uniqueness of bank loans (1987)Some evidence on the uniquene…Asymmetric Information and Risky Debt Maturity Choice (1986)Asymmetric Information and Ri…What's different about banks? (1985)What's different about banks?Using daily stock returns (1985)Using daily stock returnsInformation Reliability and a Theory of Financial Intermediation (1984)Information Reliability and a…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …On financial contracting (1979)On financial contractingMONEY, INCOME, AND CAUSALITY (1972)MONEY, INCOME, AND CAUSALITYInvestigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Investigating Causal Relation…Trends in Corporate Borrowing (2021)Trends in Corporate BorrowingEquity Price Discovery with Informed Private Debt (2019)Equity Price Discovery with I…Debt Covenants and Corporate Governance (2019)Debt Covenants and Corporate …The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel (2017)The Transmission of Monetary …Loan Sales and Bank Liquidity Management: Evidence from a U.S. Credit Register (2017)Loan Sales and Bank Liquidity…Hedge funds in M&A deals: Is there exploitation of insider information? (2017)Hedge funds in M&A deals: Is …The Cross-Section of Expected Returns in the Secondary Corporate Loan Market (2016)The Cross-Section of Expected…What Does the Corporate Bond Market Know? (2014)What Does the Corporate Bond …The Role of Dynamic Renegotiation and Asymmetric Information in Financial Contracting (2014)The Role of Dynamic Renegotia…The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel (2013)The Transmission of Monetary …Managerial Incentives and the Choice between Public and Bank Debt (2011)Managerial Incentives and the…Debtholder Responses to Shareholder Activism: Evidence from Hedge Fund Interventions (2010)Debtholder Responses to Share…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Corporate financing and investment decisions when firms have information that investors do not have (1984)Covenants and Collateral as Incentives to Monitor (1995)Can Relationship Banking Survive Competition? (2000)Distance and Private Information in Lending (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Bank Runs, Deposit Insurance, and Liquidity (1983)Separation of Ownership and Control (1983)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Embeddedness in the Making of Financial Capital: How Social Relations and Networks Benefit Firms Seeking Financing (1999)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)Limited-dependent and qualitative variables in econometrics (1983)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Corporate Yield Spreads and Bond Liquidity (2007)Trading Costs and Returns for U.S. Equities: Estimating Effective Costs from Daily Data (2009)A Simple Way to Estimate Bid‐Ask Spreads from Daily High and Low Prices (2012)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)Automatic Lag Selection in Covariance Matrix Estimation (1994)Introductory Econometrics for Finance (2008)Relationship Banking: What Do We Know? (2000)The Theory of Bank Risk Taking and Competition Revisited (2005)Oil and the Macroeconomy since World War II (1983)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Testing for Granger non-causality in heterogeneous panels (2012)
this work references cited by second hop

References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1969Investigating Causal Relations by Econometric Models and Cross-spectral Methods22,971 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1985Using daily stock returns6,497 cited
  • 1995Relationship Lending and Lines of Credit in Small Firm Finance3,641 cited
  • 1972MONEY, INCOME, AND CAUSALITY3,013 cited
  • 1979On financial contracting2,901 cited
  • 1985What's different about banks?2,347 cited
  • 1987Some evidence on the uniqueness of bank loans1,609 cited
  • 1999A New Estimate of Transaction Costs1,340 cited
  • 1986Asymmetric Information and Risky Debt Maturity Choice1,203 cited
  • 1990Collateral, loan quality and bank risk1,174 cited
  • 1984Information Reliability and a Theory of Financial Intermediation1,162 cited
  • 1989Further evidence on the bank lending process and the capital-market response to bank loan agreements904 cited
  • 2000Presidential Address: Friction681 cited
  • 1995Banks and loan sales Marketing nonmarketable assets

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605 cited

Cited by

  • 2017Loan Sales and Bank Liquidity Management: Evidence from a U.S. Credit Register80 cited
  • 2019Equity Price Discovery with Informed Private Debt61 cited
  • 2019Debt Covenants and Corporate Governance47 cited
  • 2014What Does the Corporate Bond Market Know?46 cited
  • 2021Trends in Corporate Borrowing37 cited
  • 2010Debtholder Responses to Shareholder Activism: Evidence from Hedge Fund Interventions36 cited
  • 2016The Cross-Section of Expected Returns in the Secondary Corporate Loan Market32 cited
  • 2011Managerial Incentives and the Choice between Public and Bank Debt30 cited
  • 2017Hedge funds in M&A deals: Is there exploitation of insider information?30 cited
  • 2014The Role of Dynamic Renegotiation and Asymmetric Information in Financial Contracting29 cited
  • 2017The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel23 cited
  • 2013The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel17 cited