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In this paper, we examine simultaneous relationship between leverage, maturity and over(under)- investment in emerging … markets. We divide leverage into short term and long term to investigate the relation between current and future simultaneous … relationship between leverage and investment decision, between debt maturity and investment decision, and between leverage and debt …
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This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
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