Browsing by Author "Fernández, Viviana"

Now showing items 1-3 of 3

    • Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: The Finite-Horizon Case 
      Velez-Pareja, Ignacio; Tham, Joseph; Fernández, Viviana (Jorge Gregoire, 2005)
      When discounting free-cash flows (FCF) at the Weighted Average Cost of Capital (WACC), we assume that the cost of debt is the market, unsubsidized rate. With debt at the market rate and perfect capital markets, debt ...
    • Detection of Breackpoints in Volatility 
      Fernández, Viviana (Jorge Gregoire, 2004)
      In this article, we test for the presence of structural breaks in volatility by two alternative approaches: the Iterative Cumulative Sum of Squares (ICSS) algorithm and wavelet analysis. Specifically, we look at the ...
    • Determinants of Firm Leverage in Chile: Evidence from Panel Data 
      Fernández, Viviana (Jorge Gregoire, 2005)
      There is an extensive literature on the determinants of capital structure for developed countries, but little has been said about emerging economies. This article analyzes the driving forces of capital structure in Chile ...