References
- Akey, P., & Lewellen, S. (2017). Policy uncertainty, political capital, and firm risk-taking. SSRN Electronic Journal 22, 2017. doi:10.2139/ssrn.2758395
- Baker, S. R., Bloom, N., & Davis, S. J. (2016). Measuring economic policy uncertainty. The Quarterly Journal of Economics, 131(4), 1593–21. doi:10.1093/qje/qjw024
- Bernanke, B. S. (1983). Irreversibility, uncertainty, and cyclical investment. The quarterly journal of economics, 98(1), 85–106. doi:10.2307/1885568
- Bloom, N. (2014). Fluctuations in uncertainty. The Journal of Economic Perspectives, 28(2), 153–175. https://doi.org/10.1257/jep.28.2.153
- Brendea, G., & Pop, F. (2019). Herding behavior and financing decisions in Romania. Managerial Finance, 45(6), 716–725. https://doi.org/10.1108/MF-02-2018-0093
- Brogaard, J., & Detzel, A. (2015). The asset pricing implications of government economic policy uncertainty. Management Science, 61(1), 3–18. https://doi.org/10.1287/mnsc.2014.2044
- Cao, W., Duan, X., & Uysal, V. B. (2013). Does political uncertainty affect capital structure choices? Working paper. University of Oklahoma.
- Faulkender, M., & Petersen, M. A. (2006). Does the source of capital affect capital structure? The Review of Financial Studies, 19(1), 45–79. https://doi.org/10.1093/rfs/hhj003
- Federal open market committee. (2009). Minutes of the December 2009 meeting. http://www.federalreserve.gov/monetarypolicy/fomcminutes20091216.htm
- Gao, P., & Qi, Y. (2012). Political uncertainty and public financing costs: Evidence from US municipal bond markets. working paper. doi:10.2139/ssrn.2024294
- Gulen, H., & Ion, M. (2016). Policy uncertainty and corporate investment. Review of Financial Studies, 29(3), 523–564. https://academic.oup.com/rfs/article/29/3/523/1887688
- Hwang, S., & Salmon, M. (2004). Market stress and herding. Journal of Empirical Finance, 11(4), 585–616. https://doi.org/10.1016/j.jempfin.2004.04.003
- International Monetary Fund. (2012b, October). World economic outlook: Coping with high debt and sluggish growth. IMF Press.
- International Monetary Fund. (2013, April). World economic outlook: Hopes, realities, risks. IMF Press.
- Khan, M. A., Qin, X., & Jebran, K. (2020). Uncertainty and leverage nexus: Does trade credit matter? Eurasian Business Review, 10(3), 355–389. https://doi.org/10.1007/s40821-020-00159-5
- Leary, M. T., & Roberts, M. R. (2014). Do peer firms affect corporate financial policy? The Journal of Finance, 69(1), 139–178. https://doi.org/10.1111/jofi.12094
- Modigliani, F., & Miller, M. H. (1958). The cost of capital, corporation finance and the theory of investment. The American Economic Review, 48(3), 261–297. https://d1wqtxts1xzle7.cloudfront.net/30867396/modiglianiandmiller1958.pdf?1362598952=&response-content-disposition=inline%3B+filename%3DThe_Cost_of_Capital_Corporation_Finance.pdf&Expires=1599899845&Signature=F2mqjnBRq66AZI177PB3MBvaQxaFPfg0uJ5-2tccKp~a2ZBYRwaYTlIb7l7bwpKkHJPWslLlYD0d-iOmbHl1FgVPHIFfecUZajEIvcN5xR2KRGzOIgUhPTSfbE6zFftGdYsR7VfuXckxsLLClG50K5O54fp1984Kmmuwph~~b7YDzYLD7YMFbC5tNb5FjRF5bisabwx9vyVJlV3bGe-FsJjkQXf7-zNPT0GMBi6wPHMKCvfsuEXid8ffZh9CneJnnDfNnJAOIiug-79CDk13UaZO-8QXPgIb7ImzPFH3eDlj7RWxQ1tvAR6U-yV4pQTaIabDoqZD0OAdAS7uaWYH2w__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA
- Seetharam, Y., and Britten, J. (2013). An Analysis of Herding Behaviour during Market Cycles in South Africa. Journal of Economics and Behavioral Studies, 5(2), 89–98. doi:10.22610/jebs.v5i2
- Sum, V. (2012). The Impulse Response Function of Economic Policy Uncertainty and Stock Market Returns: A Look at the Eurozone. SSRN Electronic Journal, 12(3), 100–105. doi:10.2139/ssrn.2088700
- Tran, Q. T. (2019). Economic policy uncertainty and corporate risk-taking: International evidence. Journal of Multinational Financial Management, 52, 100605. https://doi.org/10.1016/j.mulfin.2019.100605
- Welch, I. (2002). Columbus’ egg: The real determinant of capital structure. NBER Working Paper No. 8782. National Bureau Of Economic Research.
- Zeckhauser, R., Patel, J., & Hendricks, D. (1991). Nonrational actors and financial market behavior. Theory and Decisions, 31(2–3), 257–287. https://doi.org/10.1007/BF00132995
- Zhang, G., Han, J., Pan, Z., & Huang, H. (2015). Economic policy uncertainty and capital structure choice: Evidence from China. Economic Systems, 39(3), 439–457. https://doi.org/10.1016/j.ecosys.2015.06.003