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Inflation and Capital Structure

Jose Noguera

Finance from University Library of Munich, Germany

Abstract: This essay is a contribution to the empirical literature on the effect of inflation tax on capital structure. A simple empirical model considering the main results of the current theoretical development is studied, using microdata from a number of American corporations.

Keywords: inflation tax; capital structure; firm value; debt-capital ratio (search for similar items in EconPapers)
JEL-codes: G3 G30 G32 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2001-11-04
New Economics Papers: this item is included in nep-acc and nep-mac
Note: Type of Document - Acrobat PDF; pages: 15
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Inflation and Capital Structure (2001) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpfi:0111001

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