Wouter den Haan

RSS

Show all

Staff working papers

Staff Working Paper 2007-44 Francisco Covas, Wouter den Haan

We document the cyclical behavior of debt, equity, and retained earnings for different firm categories using firm-level Canadian data.

Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles JEL Code(s): E, E3, E32, G, G3, G32

Staff Working Paper 2006-45 Francisco Covas, Wouter den Haan

The authors show that debt and equity issuance are procyclical for most listed U.S. firms.

Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Financial stability JEL Code(s): E, E3, G, G1, G3