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| 003 | ZW-GwMSU | ||
| 005 | 20240429085243.0 | ||
| 008 | 230829b |||||||| |||| 00| 0 eng d | ||
| 022 | _a13504851 | ||
| 040 |
_aMSU _cMSU _erda _bEnglish |
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| 050 | 0 | 0 | _aHB1.A666 APP |
| 100 | 1 |
_aGonzález-Aguado Carlos _eauthor |
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| 245 | 1 | 0 |
_aDeterminants of corporate default: _bA BMA approach _ccreated by Carlos González-Aguado and Enrique Moral-Benito |
| 264 | 1 |
_aNew York: _bTaylor & Francis, _c2013 |
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| 336 |
_2rdacontent _atext _btxt |
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| 337 |
_2rdamedia _aunmediated _bn |
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| 338 |
_2rdacarrier _avolume _bnc |
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| 440 |
_aApplied economics letters _vVolume 20, number 5 |
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| 520 | 3 | _aIn this article, we aim to identify the main determinants of corporate default by considering Bayesian Model Averaging (BMA) techniques. Our empirical findings suggest that the most robust determinants of firm default are firm-specific variables such as the ratio of working capital to total assets and the SD of the firm stock return. In contrast, aggregate variables do not seem to play a relevant role once firm-specific characteristics (observable and unobservable) and model uncertainty are taken into consideration. | |
| 650 |
_aBayesian model averaging _vCorporate default _xPanel data |
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| 700 | 1 |
_aMoral-Benito Enrique _eco-author |
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| 856 | _uhttps://doi.org/10.1080/13504851.2012.718051 | ||
| 942 |
_2lcc _cJA |
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| 999 |
_c163123 _d163123 |
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