Contents

Entire Proceedings (12.0MB)

Are the Distinctions between Debt and Equity Disappearing? An Overview
  Richard W. Kopcke and Eric S. Rosengren

The Changing Nature of Debt and Equity: A Financial Perspective 
Franklin Allen; with discussion by Oliver D. Hart and Robert C. Merton

The Changing Nature of Debt and Equity: A Legal Perspective
  Charles P. Normandin; with discussion by Richard T. Peters and Robert E. Scott

Still Searching for Optimal Capital Structure
Stewart C. Myers; with discussion by O. Leonard Darling and Robert A. Taggart, Jr.

The Lender’s View of Debt and Equity: The Case of Pension Funds 
Zvi Bodie; with discussion by Peter L. Bernstein and Benjamin M. Friedman

Tax Policy and Corporate Borrowing 
Alan J. Auerbach; with discussion by David F. Bradford and Emil M. Sunley

Regulation of Debt and Equity 
Richard W. Kopcke and Eric S. Rosengren; with discussion by Ben S. Bernanke and Albert M. Wojnilower