Financial Factors in Business Fluctuations

The Market for "Lemons": Quality Uncertainty and the Market Mechanism

1970 • 21,732 citations

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

1986 • 17,982 citations

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Selection and the Evolution of Industry

1982 • 4,594 citations

Two Agency-Cost Explanations of Dividends

1984 • 3,128 citations

The Debt-Deflation Theory of Great Depressions

1933 • 2,210 citations

Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression

2024 • 1,878 citations

Theory ahead of business-cycle measurement

1986 • 1,592 citations

Taxation and Corporate Investment: A q-Theory Approach

1981 • 795 citations

Money in a theory of finance

1960 • 716 citations

Financial Intermediation, Business Failures, and Real Business Cycles

1987 • 379 citations

The Household Balance Sheet and the Great Depression

1978 • 372 citations

Firm Size and Rate of Growth

1962 • 363 citations

History of crises under the national banking system

1968 • 361 citations

Borrowing Constraints and Aggregate Economic Activity

1986 • 290 citations

Equilibrium Credit Rationing

2017 • 267 citations

Firm Heterogeneity, Internal Finance, and `Credit Rationing'

1990 • 257 citations

Industry Structure with Fluctuating Demand

2016 • 239 citations

Some Skeptical Observations on Real Business Cycle Theory

1986 • 232 citations

The Central Role of Credit Crunches in Recent Financial History

1980 • 208 citations

The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation

1988 • 192 citations

Investment, Financing Decisions, and Tax Policy

1989 • 177 citations

Is There a Corporate Debt Crisis?

1988 • 149 citations

The Mechanisms of the Business Cycle in the Postwar Era

1986 • 106 citations

Price Flexibility, Credit Availability, and Economic Fluctuations: Evidence from the United States, 1894-1909

1989 • 102 citations

Implicit Contracts with Asymmetric Information and Bankruptcy: The Effect of Interest Rates on Layoffs

1985 • 93 citations

Factors in Business Investment.

1981 • 67 citations

The Farm Debt Crisis and Public Policy

1986 • 63 citations

Financial Crisis, Financial Systems, and the Performance of the Economy

1960 • 57 citations

The Anatomy of the High-Yield Bond Market

1987 • 52 citations

A New Theory of Aggregate Supply

2016 • 51 citations

Debt and Economic Activity in the United States

1982 • 22 citations

Low-grade bonds: a growing source of corporate funding

1986 • 20 citations

The Role of Private Placements in Corporate Finance.

1973 • 14 citations

FINANCIAL CAPACITY, RELIQUIFICATION, AND PRODUCTION IN AN ECONOMY WITH LONG-TEM FINANCIAL ARRANGEMENTS

1988 • 2 citations