Corporate debt

Garry Young

National Institute Economic Review, 1992, vol. 139, 88-94

Abstract: A topic of some current interest to forecasters and policymakers is the extent to which the high levels of corporate indebtedness observed throughout the late-1980s contributed to the recession and whether the still substantial debts of the corporate sector are likely to make the recovery from recession slower than normal. The purpose of this note is to present and provide an interpretation of the evidence bearing on this issue.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:139:y:1992:i::p:88-94_7

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