Measuring Agency Costs over the Business Cycle
نویسندگان
چکیده
منابع مشابه
Agency Costs, Balance Sheets and the Business Cycle
The views expressed in this paper are ours alone and do not necessarily reflect the views of the Reserve Bank of Australia. We are grateful to Warren Tease, Gordon de Brouwer and participants at seminars at the Reserve Bank of Australia and the University of Sydney for helpful comments and suggestions. i ABSTRACT The 1980s witnessed large increases in corporate debt and sustained asset price in...
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ژورنال
عنوان ژورنال: Management Science
سال: 2018
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.2017.2813