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Chakravarty, S., Yilmazer, T. (2004). A multi-stage model of loans and the role of relationships.
Fama, E., French, K. (1997). Industry costs of equity. Journal of Financial Economics 43, 153- 193.
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Myers, S. (2001). Capital structure. Journal of Economic Perspectives 15, 81-102.
Welch, I. (2004). Capital structure and stock returns. Journal of Political Economy 112, 106-131.
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