JER, 第 11 卷

accident activity additional analysis approximation asset assumed assumption banks capital changes coefficient condition consider consistent consumption correlation cost countries currency currency composition debt derivatives distribution Economic effect empirical environmental accidents equation equity errors estimates example exchange rate expected firm's forecasting foreign function future given hedge higher home firm home government important increase industry initial interest rate swaps International investment Journal land learning linear lobbying LSTAR marginal mean measures Note optimal output parameters period portfolio positive predictability probability of default problem production profits ratio real estate reduce regime regression relative reported represents respectively response risk sample selected shock shows significant specification spillover standard deviation statistic stock prices stock returns strategic subsidy substitute suggest swap Table takes term theory tion trade transition University utility variable