This book focuses on microeconomic foundations of capital structure theory. It combines theoretical results with a large number of examples, exercises and appli
A comprehensive guide to making better capital structure and corporate financing decisions in today's dynamic business environment Given the dramatic changes th
Capital structure theory is one of the most dynamic areas of finance and forms the basis for modern thinking on the capital structure of firms. Much controversy
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of
Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest