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  • Essays in Financial Economics

    Sj1392478?file=thumbnail
    Description:
    In Chapter 1, I analyze optimal capital structure using a model in which firms issue securities in order to (1) finance investments in operations and (2) recapitalize the firm. In this trade-off model, firms balance the tax benefits of debt against the costs of financial distress. Key to the analysis,...
    Subject:
    Economics and Finance
    Creator:
    Hu, Jingxiong
    Owner:
    Scholarly Digital Publishing
    Language:
    en
    Date Uploaded:
    05/31/2023
    Date Created:
    2023-01-01
    Resource Type:
    Dissertation
    Alternate Identifier:
    etdadmin_upload_986275 and http://dissertations.umi.com/northwestern:16585