Title:

Equilibrium Asset Pricing with Leverage and Default

Authors:

João Ferreira Gomes (U of Pennsylvania)
Lukas Schmid (U Southern California)

Journal:

Journal of Finance

Year:

2021

Volume:

76

Number:

2

Pages:

977-1018

JEL codes:

E32 - Business Fluctuations; Cycles
D21 - Firm Behavior
D92 - Intertemporal Firm Choice and Growth, Investment, or Financing
G31 - Capital Budgeting; Fixed Investment and Inventory Studies