Notes on "Capital market access and corporate loan structure" (Khang, K. ; King, T. D.)

Capital market access and corporate loan structure

Khang, K. ; King, T. D.

Applied Economics, 27 October 2014, p.1-24 [Peer Reviewed Journal]

Routledge

• to examine whether the level of access to external capital markets influences the structure of private debt contracts or corporate loans
• provides evidence that access influences loan structure in ways consistent with having greater or fewer financing alternatives as well as theories on information asymmetry, agency and monitoring
• provide a comprehensive examination of loan characteristics across access categories
• the hypotheses regarding the relation between access and loan structure
• borrower access to public financial markets influences firm behaviour
• access influences the number of facilities in a loan package
• Access also influences lender structure. Less access means less scrutiny by the financial markets

Notes on "Money and Asset Liquidity in Frictional Capital Markets" (Cui, W; Radde, S)

Money and Asset Liquidity in Frictional Capital Markets 
Cui, W; Radde, S 
American Economic Review , 106 (5) pp. 496-502. (2016) 2016-05

The model: the household's decision period, the production period, the investment period, the consumption period
"by affecting asset liquidity, participation decisions in the financial market can, thus, have a strong impact on firms'financing constraints, capital accumulation, and output.

Notes on "Relativistic financial decisions: Context effects on retirement saving and investment risk preferences" (Vlaev, I; Chater, N; Stewart, N)

Relativistic financial decisions: Context effects on retirement saving and investment risk preferences 
Vlaev, I; Chater, N; Stewart, N 
JUDGM DECIS MAK , 2 (5) 292 - 311. (2007) 
SOC JUDGMENT & DECISION MAKING 2007-10

the effects the choice set on financial decision making related to retirement savings and risky investment
(not finished)

Notes on "Output Spillovers from Fiscal Policy" (Auerbach, Alan J ; Gorodnichenko, Yuriy)

Output Spillovers from Fiscal Policy

Auerbach, Alan J ; Gorodnichenko, Yuriy

American Economic Review, 2013, Vol.103(3), pp.141-146 [Peer Reviewed Journal]

spill over into other countries, effect depends on the state of the economies
stimulus in economic downturns