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Debt, liquidity constraints, and corporate investment: evidence from panel data

, 1992
This paper presents evidence supporting the theory that problems of asymmetric information in debt markets affect financially unhealthy firms' ability to obtain outside finance and, consequently, their allocation of real investment expenditure over time.
Toni M. Whited
semanticscholar   +1 more source

Government Debt and Debt Management

1973
During the war years, as a direct and indirect result of the occupation, a huge financial deficit on Government account had accumulated. This had been financed to a relatively small extent by long-term borrowing (via the issue of semi-obligatory war loans) but mainly by the placement of Treasury paper with the banking system.
openaire   +2 more sources

Debt Maturity and Lumpy Debt

SSRN Electronic Journal, 2016
I develop a dynamic capital structure model in which shareholders determine a firm's leverage ratio, debt maturity, and default strategy. In my model, the firm's debt matures all at once. Therefore, after repaying the principal shareholders own all the firm's cash flows and can pick a new capital structure.
openaire   +2 more sources

Does green credit policy affect corporate debt financing? Evidence from China

Environmental science and pollution research international, 2021
Weian Li, Guangyao Cui, Minna Zheng
semanticscholar   +1 more source

Debt Crisis and Debt Relief

Irish Theological Quarterly, 2005
The external and internal causes of the present international debt crisis are analysed before the author takes up the moral issues involved in debt relief, which are somewhat more complex than is usually assumed in pubic discourse.
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burden of the debt

1987
Public debt constitutes private assets. The deficit of one sector of the economy is the surplus of another.
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