{"title":"欧洲股权总价值对债务总价值的回归研究","authors":"Aki Lappalainen","doi":"10.2139/ssrn.3653107","DOIUrl":null,"url":null,"abstract":"Results of Lappalainen (2020a, 2020b) suggest that total value of equity regresses toward total value of debt over time in the USA. Using methodology similar to Lappalainen (2020a, 2020b), I study if this regression is observable in 26 European countries and in Eurozone. I find that the regression is observable in Eurozone, Czechia, Finland, France, Germany, Ireland, Italy, Netherlands, Sweden and United Kingdom but unobservable in Bulgaria, Cyprus, Estonia, Lithuania, Portugal, Slovenia and Spain. For the remaining countries Austria, Belgium, Greece, Hungary, Latvia, Luxembourg, Malta, Poland, Romania and Slovakia, the results are mixed.","PeriodicalId":233958,"journal":{"name":"European Finance eJournal","volume":"24 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"On Regression of Total Value of Equity Toward Total Value of Debt in Europe\",\"authors\":\"Aki Lappalainen\",\"doi\":\"10.2139/ssrn.3653107\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Results of Lappalainen (2020a, 2020b) suggest that total value of equity regresses toward total value of debt over time in the USA. Using methodology similar to Lappalainen (2020a, 2020b), I study if this regression is observable in 26 European countries and in Eurozone. I find that the regression is observable in Eurozone, Czechia, Finland, France, Germany, Ireland, Italy, Netherlands, Sweden and United Kingdom but unobservable in Bulgaria, Cyprus, Estonia, Lithuania, Portugal, Slovenia and Spain. For the remaining countries Austria, Belgium, Greece, Hungary, Latvia, Luxembourg, Malta, Poland, Romania and Slovakia, the results are mixed.\",\"PeriodicalId\":233958,\"journal\":{\"name\":\"European Finance eJournal\",\"volume\":\"24 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-07-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"European Finance eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3653107\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Finance eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3653107","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
On Regression of Total Value of Equity Toward Total Value of Debt in Europe
Results of Lappalainen (2020a, 2020b) suggest that total value of equity regresses toward total value of debt over time in the USA. Using methodology similar to Lappalainen (2020a, 2020b), I study if this regression is observable in 26 European countries and in Eurozone. I find that the regression is observable in Eurozone, Czechia, Finland, France, Germany, Ireland, Italy, Netherlands, Sweden and United Kingdom but unobservable in Bulgaria, Cyprus, Estonia, Lithuania, Portugal, Slovenia and Spain. For the remaining countries Austria, Belgium, Greece, Hungary, Latvia, Luxembourg, Malta, Poland, Romania and Slovakia, the results are mixed.