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Default cycles
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Default cycles (2020)Default cyclesSentiments (2013)SentimentsRisk Shocks (2013)Risk ShocksMacroeconomic Effects of Financial Shocks (2012)Macroeconomic Effects of Fina…How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)How Much of the Corporate-Tre…Credit Spreads and Business Cycle Fluctuations (2012)Credit Spreads and Business C…Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure (2010)Macroeconomic Conditions and …Frailty Correlated Default (2009)Frailty Correlated DefaultHow Costly Is External Financing? Evidence from a Structural Estimation (2007)How Costly Is External Financ…The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …Explaining the Rate Spread on Corporate Bonds (2001)Explaining the Rate Spread on…Self-Fulfilling Debt Crises (2000)Self-Fulfilling Debt CrisesEfficiency, Equilibrium, and Asset Pricing with Risk of Default (2000)Efficiency, Equilibrium, and …Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Chapter 21 The financial acce…Sovereign Debt: Is To Forgive To Forget? (1988)Sovereign Debt: Is To Forgive…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Debt with Potential Repudiati…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Self-fulfilling debt crises, fiscal policy and investment (2021)Self-fulfilling debt crises, …A Constant Recontracting Model of Sovereign Debt (1986)The pure theory of country risk (1986)International Lending with Moral Hazard and Risk of Repudiation (1991)Understanding the Soft Budget Constraint (2003)Default Risk and Income Fluctuations in Emerging Economies (2008)How Sovereign Is Sovereign Credit Risk? (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Corporate social responsibility and access to finance (2013)Intangible capital and the investment-q relation (2016)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Maximum Likelihood Methods for Models of Markets in Disequilibrium (1974)Imperfect Information, Uncertainty, and Credit Rationing (1976)Information and the Change in the Paradigm in Economics (2002)Business cycles in emerging economies: the role of interest rates (2005)Default Risk and Income Fluctuations in Emerging Economies (2007)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Credit Cycles (1997)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Monetary Policy Surprises, Credit Costs, and Economic Activity (2015)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008 (2009)Credit Crises, Precautionary Savings, and the Liquidity Trap* (2017)The Pricing of Options and Corporate Liabilities (1973)Common risk factors in the returns on stocks and bonds (1993)The Determinants of Credit Spread Changes (2001)Forecasting Default with the Merton Distance to Default Model (2008)The General Theory of Employment, Interest and Money. (1936)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The theory and practice of corporate finance: evidence from the field (2001)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)The Impact of Uncertainty Shocks (2009)Fluctuations in Uncertainty (2014)Economic uncertainty before and during the COVID-19 pandemic (2020)The Behavior of Stock-Market Prices (1965)The Capital Structure Puzzle (1984)
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References

  • 1999Chapter 21 The financial accelerator in a quantitative business cycle framework3,569 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 2012Credit Spreads and Business Cycle Fluctuations2,209 cited
  • 2001Explaining the Rate Spread on Corporate Bonds1,580 cited
  • 2013Risk Shocks1,342 cited
  • 2012Macroeconomic Effects of Financial Shocks1,207 cited
  • 2007How Costly Is External Financing? Evidence from a Structural Estimation1,148 cited
  • 1988Sovereign Debt: Is To Forgive To Forget?1,030 cited
  • 2012How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk?1,000 cited
  • 2000Self-Fulfilling Debt Crises744 cited
  • 2000Efficiency, Equilibrium, and Asset Pricing with Risk of Default729 cited
  • 2010Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure564 cited
  • 2009Frailty Correlated Default547 cited
  • 2013Sentiments

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  • 2021Self-fulfilling debt crises, fiscal policy and investment15 cited