• Does tradeoff theory explain high-frequency debt issuers? 

      Eckbo, Espen B.; Kisser, Michael (Working paper, 2015-07)
      Over the past forty years, one-third of the publicly listed industrial firms in the U.S. raised two- thirds of all public and private debts (net of debt rollovers). We use these high-frequency debt issuers (HFIs) - large ...
    • Seasoned public offerings: Resolution of the "new issues puzzle" 

      Eckbo, Espen B.; Masulis, Ronald W.; Norli, Øyvind (Discussion paper;09/98, Working paper, 1998)
      The `new issues puzzle' is that stocks of common stock issuers subsequently underperform non- issuers matched on size and book-to-market ratio. With 7,000+ seasoned equity and debt issues, we document that issuer ...