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This report introduces 3D-BASIS-ME-MB, a new computer program for the dynamic response-history analysis of seismically isolated structures.
In any canonical Gaussian dynamic term structure model (GDTSM), the conditional forecasts of the pricing factors are invariant to the imposition of no-arbitrage restrictions. This invariance is ...
This paper develops a model of dynamic capital structure choice in the presence of recapitalization costs. The theory provides the optimal dynamic recapitalization policy as a function of ...