Title:

The Cyclical Behavior of Debt and Equity Finance

Authors:

Francisco Covas (Fed Res Board) (Fed Res Board)
Wouter J. Den Haan (U Amsterdam)

Journal:

American Economic Review

Year:

2011

Volume:

101

Pages:

877-899

JEL codes:

E32 - Business Fluctuations; Cycles
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure
L11 - Production, Pricing, and Market Structure; Size Distribution of Firms
L25 - Firm Performance: Size, Diversification and Scope, Age, Profit, and Sales