Journal Article
Debt-deflation and corporate finance
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;
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/scribd/?item_id=495368&filepath=/docs/historical/frbclev/econcomm/econcomm_19870315.pdf#scribd-open
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1987
Issue: Mar
Order Number: 2