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Rapidly rising corporate debt: are firms now vulnerable to an economic slowdown?

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Author Info
Carol Osler
Gijoon Hong

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Abstract

The buildup of debt in the late 1990s has raised concerns about the U.S. nonfinancial corporate sector's health and its vulnerability to economic downturns. An analysis of the sector suggests that while small firms are experiencing some weakness, corporations as a group are in good financial shape.

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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): (2000)
Issue (Month): Jun ()
Pages:
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Handle: RePEc:fip:fednci:y:2000:i:jun:n:v.6no.7

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Related research
Keywords: Corporations - Finance ; Debt;

Cited by:
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  1. Pu Shen, 2003. "Why has the nonfinancial commercial paper market shrunk recently?," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 55-76. [Downloadable!]
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This page was last updated on 2009-12-9.

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