{"id":"https://openalex.org/W2954501576","doi":"https://doi.org/10.2139/ssrn.1426444","title":"Debt Maturity, Risk, and Asymmetric Information","display_name":"Debt Maturity, Risk, and Asymmetric Information","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W2954501576","doi":"https://doi.org/10.2139/ssrn.1426444","mag":"2954501576"},"language":"en","primary_location":{"id":"doi:10.5089/9781451862201.001","doi":"https://doi.org/10.5089/9781451862201.001","is_oa":false,"landing_page_url":"https://doi.org/10.5089/9781451862201.001","pdf_url":null,"source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.1426444","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5067264263","display_name":"Marco A. Espinosa\u2010Vega","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1310145890","display_name":"International Monetary Fund","ror":"https://ror.org/05m4rmw09","country_code":"US","type":"other","lineage":["https://openalex.org/I1310145890"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Marco A. Espinosa-Vega","raw_affiliation_strings":["International Monetary Fund (IMF), 700 19th Street NW, Washington, DC 20431, United States","International Monetary Fund"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"International Monetary Fund (IMF), 700 19th Street NW, Washington, DC 20431, United States","institution_ids":["https://openalex.org/I1310145890"]},{"raw_affiliation_string":"International Monetary Fund","institution_ids":["https://openalex.org/I1310145890"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5108432458","display_name":"Allen N. Berger","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I155781252","display_name":"University of South Carolina","ror":"https://ror.org/02b6qw903","country_code":"US","type":"education","lineage":["https://openalex.org/I155781252"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Allen N. Berger","raw_affiliation_strings":["European Banking Center, P.O. Box 90153, Tilburg, 5000 LE, Netherlands","University of South Carolina - Darla Moore School of Business, 1705 College St, Francis M. Hipp Building, Columbia, SC 29208, United States","Wharton Financial Institutions Center, Philadelphia, PA 19104-6367, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"European Banking Center, P.O. Box 90153, Tilburg, 5000 LE, Netherlands","institution_ids":[]},{"raw_affiliation_string":"University of South Carolina - Darla Moore School of Business, 1705 College St, Francis M. Hipp Building, Columbia, SC 29208, United States","institution_ids":["https://openalex.org/I155781252"]},{"raw_affiliation_string":"Wharton Financial Institutions Center, Philadelphia, PA 19104-6367, United States","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5158411365","display_name":"W. Scott Frame","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I68415526","display_name":"Federal Reserve Bank of Dallas","ror":"https://ror.org/05ks2fq79","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I68415526"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"W. Scott Frame","raw_affiliation_strings":["Federal Reserve Bank of Dallas, 2200 N Pearl Street, Dallas, TX 75201, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of Dallas, 2200 N Pearl Street, Dallas, TX 75201, United States","institution_ids":["https://openalex.org/I68415526"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5158411267","display_name":"Nathan H. Miller","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Nathan H. Miller","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5067264263"],"corresponding_institution_ids":["https://openalex.org/I1310145890"],"apc_list":null,"apc_paid":null,"fwci":1.409,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.93617435,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"2005","issue":"201","first_page":"1","last_page":"1"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8496000170707703,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8496000170707703,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.09780000150203705,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.01850000023841858,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/debt-maturity","display_name":"debt maturity","score":0.9950000047683716},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9070000052452087},{"id":"https://openalex.org/keywords/business-risk","display_name":"business risk","score":0.46299999952316284},{"id":"https://openalex.org/keywords/commercial-loans","display_name":"commercial loans","score":0.6970000267028809},{"id":"https://openalex.org/keywords/bank-lending","display_name":"bank lending","score":0.7670000195503235},{"id":"https://openalex.org/keywords/porter-s-diamond-model","display_name":"Porter's diamond model","score":0.9819999933242798},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C101433766","wikidata":"https://www.wikidata.org/wiki/Q3543263","display_name":"Maturity (psychological)","level":2,"score":0.7089722752571106},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.4676007628440857},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4557904005050659},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.412239670753479},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3759107291698456},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3701518177986145},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3318154215812683},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.32662224769592285},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.19256484508514404},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.14315152168273926},{"id":"https://openalex.org/C138496976","wikidata":"https://www.wikidata.org/wiki/Q175002","display_name":"Developmental psychology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.5089/9781451862201.001","doi":"https://doi.org/10.5089/9781451862201.001","is_oa":false,"landing_page_url":"https://doi.org/10.5089/9781451862201.001","pdf_url":null,"source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.1426444","doi":"https://doi.org/10.2139/ssrn.1426444","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1426444","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:imf:imfwpa:2005/201","doi":null,"is_oa":false,"landing_page_url":"http://www.imf.org/external/pubs/cat/longres.aspx?sk=18020","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-033728299","doi":null,"is_oa":false,"landing_page_url":"http://elibrary.imf.org/view/IMF001/01567-9781451862201/01567-9781451862201/01567-9781451862201.xml","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"}],"best_oa_location":{"id":"doi:10.2139/ssrn.1426444","doi":"https://doi.org/10.2139/ssrn.1426444","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1426444","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":29,"referenced_works":["https://openalex.org/W1487167484","https://openalex.org/W1561398298","https://openalex.org/W1964457448","https://openalex.org/W1975703787","https://openalex.org/W2000578291","https://openalex.org/W2013873851","https://openalex.org/W2017137572","https://openalex.org/W2059752150","https://openalex.org/W2068505366","https://openalex.org/W2069271085","https://openalex.org/W2069489381","https://openalex.org/W2071308858","https://openalex.org/W2073216789","https://openalex.org/W2081317315","https://openalex.org/W2087178224","https://openalex.org/W2087335960","https://openalex.org/W2087724977","https://openalex.org/W2089596717","https://openalex.org/W2090920573","https://openalex.org/W2098723702","https://openalex.org/W2099724718","https://openalex.org/W2110014964","https://openalex.org/W2111175378","https://openalex.org/W2125720994","https://openalex.org/W2144076162","https://openalex.org/W2156510931","https://openalex.org/W3123628477","https://openalex.org/W3124206771","https://openalex.org/W4246784033"],"related_works":["https://openalex.org/W7099773398","https://openalex.org/W1511059102","https://openalex.org/W2123281574","https://openalex.org/W1767202015","https://openalex.org/W2010690772","https://openalex.org/W2149373771","https://openalex.org/W572370699","https://openalex.org/W2355609487","https://openalex.org/W1984653715","https://openalex.org/W7097946111"],"abstract_inverted_index":null,"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2019-07-12T00:00:00"}
