On strategic default and liquidity risk
Tambakis, Demosthenes N
- Publisher: CFAP, Cambridge Judge Business School, University of Cambridge
strategic default | liquidity risk | project finance | financial regulation | cyclicality
How does the uncertain provision of external finance affect investment projects' default probability and liquidity risk? In this paper, I study the strategic interaction between many creditors and a single borrower in the context of a two-period investment project requ...
views in local repository
downloads in local repository
The information is available from the following content providers: