The bi-directional causality between financial variables and business cycle
Our paper aims to document how macroeconomic conditions and financial variables can influence and affect each other. In the first part of our paper, we study how the business cycle affects various financial variables; in particular how firms’ debt and equity issuance changes over the business cycle....
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/69738 |
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| Institution: | Nanyang Technological University |
| Language: | English |