Testing Trade-Off Predictions About Sovereign Finance

碩士 === 國立臺灣大學 === 財務金融學研究所 === 106 === This study has two major purposes: (1) to investigate how inflation cost and default cost affect nation’s capital structure. (2) to demonstrate whether a nation has an optimal capital structure. We use (Bolton & Huang, 2016) analogy between fiat liabilities...

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Bibliographic Details
Main Authors: Hsien-Jun Kou, 寇先潤
Other Authors: 廖咸興
Format: Others
Language:zh-TW
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/3kx69g