Debt Maturity and the Use of Short-Term Debt : Evidence form Sovereigns and Firms /

The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the abil...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Chen, Sophia
Awduron Eraill: Ganum, Paola, Liu, Lucy Qian, Martinez, Leonardo
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2019.
Cyfres:Departmental Papers; Departmental Paper ; No. 2019/001
Mynediad Ar-lein:Full text available on IMF