TY - JOUR AU - Azofra Palenzuela, Valentín Teodoro AU - Rodríguez Sanz, Juan Antonio AU - Velasco González, María Del Pilar PY - 2020 SN - 1873-8036 UR - https://uvadoc.uva.es/handle/10324/65391 AB - Based on a partial target adjustment model and the trade-off theory, this paper investigates whether the influence of macroeconomic variables of monetary policy on corporate leverage is shaped by the nature of borrowing, and more specifically by the... LA - spa PB - Elsevier KW - Empresas-Finanzas KW - capital structure KW - trade-off theory KW - macroeconomic factors KW - bank debt KW - GMM TI - The role of macroeconomic factors in the capital structure of European firms: How influential is bank debt? DO - https://doi.org/10.1016/j.iref.2020.06.001 ER -