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pro vyhledávání: '"Alfredo Ibañez Rodríguez"'
Autor:
Alfredo Ibañez Rodríguez
Publikováno v:
SSRN Electronic Journal.
When firms roll over bonds of different maturity, their debt-maturity structure can feature both shorter and longer maturity in bad times. We link these debt-maturity patterns to the firms' fundamentals, assuming earnings are deterministically declin