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Published in 2018 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2017.10.010
Abstract: Debt renegotiation is often modeled as pure debt for equity or debt for debt swaps in the theoretical literature. However, the empirical evidence in the debt repurchase literature shows that a combination of debt and…
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Keywords:
equity;
equity financing;
use equity;
renegotiation ... See more keywords