Lucy Qian Liu: 1 book
Debt Maturity and the Use of Short-Term Debt
Evidence form Sovereigns and Firms
Language: English
Release Date: February 5, 2019
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...
