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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Dettagli Bibliografici
Autore principale: Cevik, Serhan
Altri autori: Miryugin, Fedor
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/287
Accesso online:Full text available on IMF