Optimal Capital Structure with Stock Market Feedback

Keyphrases

• Stock Market Feedback 100%
• Optimal Capital Structure 100%
• Capital Structure 33%
• Risk Shifting 33%
• Tractable Models 33%
• Substitution Effect 33%
• Financial Markets 33%
• Company Value 33%
• Market Frictions 33%
• Coordination Failure 33%
• Information Aggregation 33%
• Imperfect Information 33%
• Payoff Structure 33%
• Asset Substitution 33%
• Risky Debt 33%
• Debt Issuance 33%
• Market Information 33%
• Speculators 33%
• Equity Holders 33%
• Empirical Prediction 33%

Economics, Econometrics and Finance

• Capital Structure 100%
• Substitution Effect 25%
• Incentives 25%
• Financial Market 25%
• Firm Value 25%
• Information Market 25%