I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any.
Copy Quote View & ShareTo beat the market you'll have to invest serious bucks to dig up information no one else has yet.
Copy Quote View & ShareMy expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.
Copy Quote View & ShareArbitrage proof has since been widely used throughout finance and economics.
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