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Government Debt Threshold Contracts
2010Politicians tend to push the amount of public debt beyond socially desirable levels in order to increase their reelection chances. We develop a model that provides a new explanation for this behavior: office holders undertake debt-financed public projects, but postpone the timing of part of the output to the next term.
openaire +1 more source
Debt literacy, financial experiences, and overindebtedness
Journal of Pension Economics and Finance, 2015Annamaria Lusardi, Peter Tufano
exaly
The Implications of Debt Heterogeneity for R&D Investment and Firm Performance
Academy of Management Journal, 2008Parthiban A David +2 more
exaly
Debt enforcement, investment, and risk taking across countries
Journal of Financial Economics, 2017Erwan Morellec +2 more
exaly

