Browsing BI Open by Author "Marchuk, Tatyana"

Now showing items 1-2 of 2

    • The Leading Premium 

      Croce, Mariano Massimiliano; Marchuk, Tatyana; Schlag, Christian (Journal article; Peer reviewed, 2023)
      In this paper, we consider conditional measures of lead-lag relations between aggregate growth and industry-level cash flow growth in the United States. Our results show that firms in leading industries pay an average ...

    • Market Discipline in the Direct Lending Space 

      Davydiuk, Tetiana; Marchuk, Tatyana; Rosen, Samuel (Journal article; Peer reviewed, 2023)
      Using the exclusion of business development companies (BDCs) from stock indexes, this paper studies the effectiveness of market discipline in the direct lending space. Amid share sell-offs by institutional investors, a ...