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
Debt Overhang, Rollover Risk, and Coporate Investment
Language: en
Pages: 43
Authors: Sebnem Kalemli-Özcan
Categories:
Type: BOOK - Published: 2019 - Publisher:

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We quantify the role of financial factors behind the sluggish post-crisis performance of European firms. We use a firm-bank-sovereign matched database to identi
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
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
Global Waves of Debt
Language: en
Pages: 403
Authors: M. Ayhan Kose
Categories: Business & Economics
Type: BOOK - Published: 2021-03-03 - Publisher: World Bank Publications

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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many