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Fire sales are forced sales of assets in which high-valuation bidders are sidelined, typically due to debt overhang …
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Fire sales are forced sales of assets in which high-valuation bidders are sidelined, typically due to debt overhang …
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Economic theory and evidence from a variety of debt markets shed light on current reform proposals concerning emerging … market debt. Debt markets, including the U.S. municipal bond market, generally function best when the rights of creditors are …
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Economic theory and evidence from a variety of debt markets shed light on current reform proposals concerning emerging … market debt. Debt markets, including the U.S. municipal bond market, generally function best when the rights of creditors are …
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