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...

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Xehetasun bibliografikoak
Egile nagusia: Chen, Sophia
Beste egile batzuk: Ganum, Paola, Liu, Lucy Qian, Martinez, Leonardo
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2019.
Saila:Departmental Papers; Departmental Paper ; No. 2019/001
Sarrera elektronikoa:Full text available on IMF