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...

Mô tả đầy đủ

Chi tiết về thư mục
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