Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?Zhiguo He, Gregor Matvos
NBER Working Paper No. 17920 ---- Acknowledgements ----- We thank Raj Chetty, Douglas Diamond, Peter DeMarzo, Raghu Rajan, Amit Seru, Rob Vishny and the participants of the Chicago Booth Finance Lunch and Chicago Booth Applied Theory seminar for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. |
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