To borrow or not to borrow? An analysis of university leverage decisions
نویسندگان
چکیده
منابع مشابه
Stop 1 – Whatoff’s Borrow Pit
The Des Moines Lobe was the largest of several lobes of the Laurentide Ice Sheet that extended into the mid-continent region of North America near the end of the last glaciation. At its maximum extent, ~13,800 radiocarbon years ago, the lobe was up to 250 km wide and covered greater than 10 km in southern Minnesota and north-central Iowa (Fig. 1). The lobe deposited diverse sediments, but only ...
متن کاملALT Telomeres Borrow from Meiosis to Get Moving
Telomere clustering is required for the homologous recombination events that maintain chromosome ends in cells relying on alternative lengthening of telomeres (ALT). New data demonstrate that damage signaling at telomeres, a likely step in activating maintenance mechanisms, induces directional movement and synapsis driven by the machinery responsible for recombination in meiosis.
متن کاملTo Sell or to Borrow? A Theory of Bank Liquidity Management
This paper studies banks’decision whether to borrow from the interbank market or to sell assets in order to cover liquidity shortage in presence of credit risk. The following trade-off arises. On the one hand, tradable assets decrease the cost of liquidity management. On the other hand, uncertainty about credit risk of tradable assets might spread from the secondary market to the interbank mark...
متن کاملBorrow or Serve? An Economic Analysis of Options for Financing a Medical School Education
PURPOSE To understand the long-term economic implications of key pathways for financing a medical school education. METHOD The authors calculated the net present value (NPV) of cash flow over a 30-year career for a 2013 matriculant associated with (1) self-financing, (2) federally guaranteed loans, (3) the Public Service Loan Forgiveness program, (4) the National Health Service Corps, (5) the...
متن کاملA Dynamic Model for Hard-to-Borrow Stocks
We study the price-evolution of stocks that are subject to restrictions on short-selling, generically referred to as hard-to-borrow. Such stocks are either subject to regulatory short-selling restrictions or have insufficient float available for lending. Traders with short positions risk being “bought-in”, in the sense that their positions may be closed out by the clearing firm at market prices...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Research in Economics
سال: 2016
ISSN: 1090-9443
DOI: 10.1016/j.rie.2015.10.005