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Debt-deflation and corporate finance

Jerome S. Fons

Economic Commentary, 1987, issue Mar

Abstract: A discussion of the theoretical dangers faced by an overleveraged, debt-based economy, featuring lessons for the 1980s based on the historical context of Irving Fisher's noted 1933 analysis of the macroeconomic effects of excessive debt accumulation.

Keywords: Debt; Corporations - Finance (search for similar items in EconPapers)
Date: 1987
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