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Debt Maturity and the Use of Short-Term Debt: Sophia Chen;paola Ganum;lucy Qian Liu;leonardo Martinez;maria Soledad Martinez Peria
Contributor(s): International Monetary Fund (Editor)

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 ISBN: 1484380533     ISBN-13: 9781484380536
Publisher: International Monetary Fund
OUR PRICE: $23.75  

Binding Type: Paperback
Published: February 2019
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Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Business & Economics | International - Economics
Physical Information: 77 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the ability of firms to undertake long-term productive investments and, as a result, affect economic activity. The aim of this paper is to examine the evolution and determinants of debt maturity and to characterize differences across countries.
 
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