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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32023 Members
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© 2020 Relevant Protocols Inc.
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"Corporate debt has increased substantially in many parts of the world during the pandemic, raising concerns about the effects on investment in the aftermath of the COVID-19 shock. This column uses data for a large panel of US firms to investigate the implications of firm-specific debt booms for investment. It finds that debt booms lead financially constrained firms to decrease"
"Corporate debt has increased substantially in many parts of the world during the pandemic, raising concerns about the effects on investment in the aftermath of the COVID-19 shock. This column uses data for a large panel of US firms to investigate the implications of firm-specific debt booms for investment. It finds that debt booms lead financially constrained firms to decrease"
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