Tag Archives: Firm

Agency Heterogeneity and the Response of Funding to Financial Coverage

Agency Heterogeneity and the Response of Funding to Financial Coverage

Thomas Drechsel, Daniel Lewis, Davide Melcangi, and Laura Pilossoph It’s well-known that financial coverage impacts corporations’ funding choices. However which corporations are probably the most attentive to adjustments in rates of interest? And does this responsiveness range over time? The literature has given numerous solutions to this query, specializing in traits equivalent to agency measurement, …