The Secular Decline in Private Firm Leverage
收藏NBER2022-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30034
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资源简介：
Using firm-level administrative tax data, we document dramatic reductions in private leverage since the Global Financial Crisis, while leverage among public firms rose during this period. Changing firm characteristics are unable to account for this pattern. Younger and smaller private firms
提供机构：
美国国家经济研究局
创建时间：
2022-05-01
