Jean-François Kagy

Cornerstone Research, Inc.

1000 El Camino Real

Menlo Park, CA 94025-4327

United States

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Can Changes in the Cost of Carry Explain the Dynamics of Corporate 'Cash' Holdings?

Review of Financial Studies, April 2016, Ross School of Business Working Paper No. 1216

Number of pages: 55 Posted: 14 Dec 2013 Last Revised: 30 Sep 2017

José Azar, Jean-François Kagy, Martin C. Schmalz and Martin C. Schmalz

University of Navarra, IESE Business School, Cornerstone Research, Inc. and CEPRUniversity of Oxford - Finance

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