S Boccaletti - Italian Economic Journal, 2021 - Springer
The aim of this paper is to explore how debt contracts are affected by investment in asset specialization and by the dynamics of the secondary market for collateralized productive …
In a model where firms rely on bank financing to build capacity, put up specialized productive assets as collateral, and then compete à la Cournot, we introduce a probability of …
C Curi, M Murgia, C Curi, M Murgia - Asset Sales: Their Role in …, 2020 - Springer
Theoretical models of asset sales view those transactions either as a means to improve firm asset efficiency or as a means to raise capital. Divestiture decision models assume that …
VCAFR Miniaci - Quarterly Journal of Economics, 2017 - academia.edu
In a model where firms rely on bank financing to build capacity, put up specialized productive assets as collateral, and then competea la Cournot, we introduce a probability of …