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The Aggregate Dynamics of Capital Structure and
Macroeconomic
Risk
Bhamra, Harjoat S.
;
Kuehn, Lars-Alexander
;
Strebulaev, …
-
2008
structure is path-dependent. Leverage accounts for most of the
macroeconomic
risk
relevant for predicting defaults. The paper …
Persistent link: https://www.econbiz.de/10009441273
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