Capital Market Frictions, Leasing and Investment

2009 ◽  
Author(s):  
Vasantharao Chigurupati ◽  
Shantaram P. Hegde
Keyword(s):  
Capital Market ◽  
Market Frictions

Online Appendix for Managing Capital Market Frictions via Cost-Reduction Investments

2019 ◽  
Author(s):  
Fehmi Tanrisever ◽  
Nitin Joglekar ◽  
Sinan Erzurumlu ◽  
Moren Levesque
Keyword(s):  
Capital Market ◽  
Cost Reduction ◽  
Market Frictions ◽  
Online Appendix

Capital market frictions and human capital investment: Evidence from workplace safety around regulation SHO

2020 ◽  
Vol 55 (2) ◽  
pp. 339-360
Author(s):  
John (Jianqiu) Bai ◽  
Eunju Lee ◽  
Chi Zhang
Keyword(s):  
Human Capital ◽  
Capital Market ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Workplace Safety ◽  
Market Frictions

scholarly journals The Political Economy of Debt and Entitlements

2020 ◽  
Vol 87 (6) ◽  
pp. 2568-2599 ◽  
Author(s):  
Laurent Bouton ◽  
Alessandro Lizzeri ◽  
Nicola Persico
Keyword(s):  
Political Economy ◽  
Capital Market ◽  
Economic Model ◽  
Fiscal Rules ◽  
Market Frictions ◽  
The Political ◽  
Allocation Of Resources ◽  
The Future ◽  
Political Economic

Abstract This article presents a dynamic political-economic model of total government obligations. Its focus is on the interplay between debt and entitlements. In our model, both are tools by which temporarily powerful groups can extract resources from groups that will be powerful in the future: debt transfers resources across periods; entitlements directly target the future allocation of resources. We prove the following results. First, the presence of endogenous entitlements dampens the incentives of politically powerful groups to accumulate debt, but it leads to an increase in total government obligations. Second, fiscal rules can have perverse effects: if entitlements are unconstrained, and there are capital market frictions, debt limits lead to an increase in total government obligations and to worse outcomes for all groups. Analogous results hold for entitlement limits. Third, our model sheds some lights on the influence of capital market frictions on the incentives of governments to adopt fiscal rules, and implement entitlement programs. Finally, we identify preference polarization as a possible explanation for the joint growth of debt and entitlements.

Capital market frictions and conservative reporting: Evidence from short selling constraints

2016 ◽  
Vol 17 ◽  
pp. 227-234 ◽  
Author(s):  
Alex Young
Keyword(s):  
Capital Market ◽  
Short Selling ◽  
Market Frictions

Capital Market Frictions and Deposit Constraints at Banks

2000 ◽  
Vol 32 (1) ◽  
pp. 74 ◽  
Author(s):  
Jith Jayaratne ◽  
Donald P. Morgan
Keyword(s):  
Capital Market ◽  
Market Frictions

scholarly journals Managing Capital Market Frictions via Cost-Reduction Investments

2018 ◽  
Author(s):  
Fehmi Tanrisever ◽  
Nitin Joglekar ◽  
Sinan Erzurumlu ◽  
Moren Levesque
Keyword(s):  
Capital Market ◽  
Cost Reduction ◽  
Market Frictions

Capital market frictions and the role of internal capital markets in banking

1997 ◽  
Vol 46 (2) ◽  
pp. 135-164 ◽  
Author(s):  
Joel Houston ◽  
Christopher James ◽  
David Marcus
Keyword(s):  
Capital Markets ◽  
Capital Market ◽  
Internal Capital Markets ◽  
Market Frictions ◽  
Internal Capital
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