Government Debt and Stock Returns
ClearMoney
DECEMBER 5, 2021
Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. 7 A single stretch from Japan accounted for 23 alone, from 1996 to 2018. Reuters (2011). REFERENCES Becker, Bo, and Victoria Ivashina.
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