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Heterogeneity in the Speed of Capital Structure Adjustment across Countries and over the Business Cycle
Authors:Wolfgang Drobetz  Dirk C Schilling  Henning Schröder
Affiliation:1. Hamburg Business School, University of Hamburg, Hamburg, Germany;2. HDI‐Gerling Industrial Insurance Company, London, UK
Abstract:
Keywords:capital structure  speed of adjustment  institutional arrangements  business cycle  dynamic panel methods
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