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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Tác giả chính: Chen, Sophia
Tác giả khác: Ganum, Paola, Liu, Lucy Qian, Martinez, Leonardo
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:Departmental Papers; Departmental Paper ; No. 2019/001
Truy cập trực tuyến:Full text available on IMF
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100 1 |a Chen, Sophia. 
245 1 0 |a Debt Maturity and the Use of Short-Term Debt :   |b Evidence form Sovereigns and Firms /  |c Sophia Chen, Paola Ganum, Lucy Qian Liu, Leonardo Martinez. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (77 pages) 
490 1 |a Departmental Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 ability of firms to undertake long-term productive investments and, as a result, affect economic activity. The aim of this paper is to examine the evolution and determinants of debt maturity and to characterize differences across countries. 
538 |a Mode of access: Internet 
700 1 |a Ganum, Paola. 
700 1 |a Liu, Lucy Qian. 
700 1 |a Martinez, Leonardo. 
830 0 |a Departmental Papers; Departmental Paper ;  |v No. 2019/001 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/087/2019/001/087.2019.issue-001-en.xml  |z IMF e-Library