Shatin, N.T.
Hong Kong
The Chinese University of Hong Kong (CUHK)
bargaining, asymmetric information
Leverage Ratchet Effect, Lack of Commitment, Corporate Liquidity Management, Debt Repurchases, Joint Leverage and Liquidity Dynamics
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
Dynamic moral hazard, Limited Commitment, Persistence, productivity, Relational Contracts
