Flexible Prices and Leverage
收藏NBER2017-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23066
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资源简介：
The frequency with which firms adjust output prices helps explain persistent differences in capital structure across firms. Unconditionally, the most flexible-price firms have a 19% higher long-term leverage ratio than the most sticky-price firms, controlling for known determinants of capital
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美国国家经济研究局创建时间：
2017-01-01
