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DP15238 Doubling Down on Debt: Limited Liability as a Financial Friction 智库出版物
2020
作者:  Jesse Perla;  Carolin Pflueger;  Michal Szkup
收藏  |  浏览/下载:4/0  |  提交时间:2022/09/22
Leverage  Debt overhang  Overinvestment  Underinvestment  Equity payout restrictions  
DP11803 Efficient Lemons 智库出版物
2017
作者:  Wolf Wagner;  Burak Uras
收藏  |  浏览/下载:1/0  |  提交时间:2022/09/22
Opacity  Cash-in-the-market pricing  Adverse selection  Underinvestment  
DP9173 Agricultural Decisions after Relaxing Credit and Risk Constraints 智库出版物
2012
作者:  Christopher Udry;  Dean Karlan
收藏  |  浏览/下载:2/0  |  提交时间:2022/09/22
agriculture  Insurance markets  Credit markets  Risk  Underinvestment  Misallocation  
DP8852 Bank Bonuses and Bail-outs 智库出版物
2012
作者:  Isabel Schnabel;  Hendrik Hakenes
收藏  |  浏览/下载:1/0  |  提交时间:2022/09/22
Bank bail-outs  Bank management compensation  Bonus payments  Limited and unlimited liability  Risk-shifting  Underinvestment