Matches in SemOpenAlex for { <https://semopenalex.org/work/W2514368921> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W2514368921 abstract "What are the gains from resolving debt overhang for firm growth and macroeconomic aggregates? This paper addresses this question through the lens of a general equilibrium model of firm dynamics and endogenous innovation in which debt overhang affects the firm innovation decision and, thus, firm expected subsequent growth. The estimated model implies that while the private gains to a firm from resolving debt overhang can be large if it faces sufficient default risk, the expected gains to firms on average are relatively modest. The social gains to long-run output from resolving debt overhang are smaller, as changes in prices and the aggregate bankruptcy rate act as dampening forces. However, the estimated model suggests the gains from resolving debt overhang over the business cycle can be large, as firm default risk rises significantly during the recession, which implies a significant decrease in firm innovation and subsequent firm growth." @default.
- W2514368921 created "2016-09-16" @default.
- W2514368921 creator A5019677354 @default.
- W2514368921 creator A5074646930 @default.
- W2514368921 date "2016-01-01" @default.
- W2514368921 modified "2023-09-24" @default.
- W2514368921 title "The Economy-Wide Gains from Resolving Debt Overhang" @default.
- W2514368921 cites W1541908976 @default.
- W2514368921 cites W1994997270 @default.
- W2514368921 cites W2000578291 @default.
- W2514368921 cites W2015052352 @default.
- W2514368921 cites W2048211152 @default.
- W2514368921 cites W2105973145 @default.
- W2514368921 cites W2135267030 @default.
- W2514368921 cites W2161681128 @default.
- W2514368921 cites W2161707585 @default.
- W2514368921 cites W3122065281 @default.
- W2514368921 cites W3125287135 @default.
- W2514368921 doi "https://doi.org/10.2139/ssrn.2815100" @default.
- W2514368921 hasPublicationYear "2016" @default.
- W2514368921 type Work @default.
- W2514368921 sameAs 2514368921 @default.
- W2514368921 citedByCount "0" @default.
- W2514368921 crossrefType "journal-article" @default.
- W2514368921 hasAuthorship W2514368921A5019677354 @default.
- W2514368921 hasAuthorship W2514368921A5074646930 @default.
- W2514368921 hasConcept C10138342 @default.
- W2514368921 hasConcept C106210156 @default.
- W2514368921 hasConcept C120527767 @default.
- W2514368921 hasConcept C139719470 @default.
- W2514368921 hasConcept C162324750 @default.
- W2514368921 hasConcept C195742910 @default.
- W2514368921 hasConcept C202189257 @default.
- W2514368921 hasConcept C2777482880 @default.
- W2514368921 hasConcept C504631918 @default.
- W2514368921 hasConcept C556758197 @default.
- W2514368921 hasConcept C83873408 @default.
- W2514368921 hasConceptScore W2514368921C10138342 @default.
- W2514368921 hasConceptScore W2514368921C106210156 @default.
- W2514368921 hasConceptScore W2514368921C120527767 @default.
- W2514368921 hasConceptScore W2514368921C139719470 @default.
- W2514368921 hasConceptScore W2514368921C162324750 @default.
- W2514368921 hasConceptScore W2514368921C195742910 @default.
- W2514368921 hasConceptScore W2514368921C202189257 @default.
- W2514368921 hasConceptScore W2514368921C2777482880 @default.
- W2514368921 hasConceptScore W2514368921C504631918 @default.
- W2514368921 hasConceptScore W2514368921C556758197 @default.
- W2514368921 hasConceptScore W2514368921C83873408 @default.
- W2514368921 hasLocation W25143689211 @default.
- W2514368921 hasOpenAccess W2514368921 @default.
- W2514368921 hasPrimaryLocation W25143689211 @default.
- W2514368921 hasRelatedWork W1489346258 @default.
- W2514368921 hasRelatedWork W1539239281 @default.
- W2514368921 hasRelatedWork W165554379 @default.
- W2514368921 hasRelatedWork W2003914023 @default.
- W2514368921 hasRelatedWork W2029927858 @default.
- W2514368921 hasRelatedWork W2068700237 @default.
- W2514368921 hasRelatedWork W2136969886 @default.
- W2514368921 hasRelatedWork W2167486922 @default.
- W2514368921 hasRelatedWork W2771455812 @default.
- W2514368921 hasRelatedWork W2791799695 @default.
- W2514368921 hasRelatedWork W2916881703 @default.
- W2514368921 hasRelatedWork W3005945881 @default.
- W2514368921 hasRelatedWork W3121993932 @default.
- W2514368921 hasRelatedWork W3122370697 @default.
- W2514368921 hasRelatedWork W3124339891 @default.
- W2514368921 hasRelatedWork W3124661102 @default.
- W2514368921 hasRelatedWork W3125402439 @default.
- W2514368921 hasRelatedWork W3126016760 @default.
- W2514368921 hasRelatedWork W3126130305 @default.
- W2514368921 hasRelatedWork W2429689419 @default.
- W2514368921 isParatext "false" @default.
- W2514368921 isRetracted "false" @default.
- W2514368921 magId "2514368921" @default.
- W2514368921 workType "article" @default.