Leverage Shocks : Firm-Level Evidence on Debt Overhang and Investment /
The global economy is in the midst of an unprecedented slump caused by the coronavirus pandemic. This systemic risk like no other at a time of record-breaking debt levels, especially among nonfinancial firms across the world, could exacerbate corporate vulnerabilities, deepen macro-financial instabi...
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2020.
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Colección: | IMF Working Papers; Working Paper ;
No. 2020/287 |
Acceso en línea: | Full text available on IMF |