| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4744 |
| DP4744 Intergenerational Education Transmission: Neighbourhood Quality and/or Parents' Involvement | |
| Yves Zenou; Eleonora Patacchini | |
| 发表日期 | 2004-11-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Building on a costly state verification framework, we propose a theory of capital structure with imperfect enforcement. In addition to being consistent with stylized facts on the choice of capital structure, it accommodates a range of empirical regularities on the repayment behaviour, such as strategic defaults of debt obligations, costly bankruptcy, investor intervention, and violations of absolute priority rules. |
| 主题 | Financial Economics |
| 关键词 | Cash diversion Costly state verification Outside equity Financial contracts |
| URL | https://cepr.org/publications/dp4744 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533661 |
| 推荐引用方式 GB/T 7714 | Yves Zenou,Eleonora Patacchini. DP4744 Intergenerational Education Transmission: Neighbourhood Quality and/or Parents' Involvement. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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