We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the … downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a threshold level of debt is … reached in sample, beyond which (initial) debt ends up lowering (subsequent)growth. On average, significantly negative …

bank. Firms with large assets, a high sales/assets ratio, and a low debt/assets ratio pay a lower interest rate at the … margin. A good credit history (no debt arrears and no bounced checks) and collateral also reduce the marginal interest rate … high sales/assets ratio, a low debt/assets ratio, a good credit history, and collateral lead to higher credit availability …