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Leverage Shocks: Firm-Level Evidence on Debt Overhang and Investment
Language: en
Pages: 22
Authors: Mr.Serhan Cevik
Categories: Business & Economics
Type: BOOK - Published: 2020-12-18 - Publisher: INTERNATIONAL MONETARY FUND

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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 d
Corporate Debt Overhang and Investment
Language: en
Pages: 31
Authors: Eduardo Borensztein
Categories:
Type: BOOK - Published: 2018 - Publisher:

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This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm level for a cross section of large-sized em
Managing the Sovereign-Bank Nexus
Language: en
Pages: 54
Authors: Mr.Giovanni Dell'Ariccia
Categories: Business & Economics
Type: BOOK - Published: 2018-09-07 - Publisher: International Monetary Fund

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This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? Wh
Debt Overhang, Rollover Risk, and Corporate Investment
Language: en
Pages: 42
Authors: Sebnem Kalemli-Ozcan
Categories: Debt
Type: BOOK - Published: 2018 - Publisher:

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We quantify the role of financial factors that have contributed to sluggish investment in Europe in the aftermath of the 2008-2009 crisis. Using a big data appr
The European Crisis
Language: en
Pages: 294
Authors: Victor Beker
Categories: Business & Economics
Type: BOOK - Published: 2016-09-01 - Publisher:

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After the 2008 financial meltdown, the American crisis soon infected the European financial system, becoming both a sovereign debt crisis and a banking debacle