The crowding out effect of central versus local government debt : evidence from China

Man Zhang, Oscar T. Brookins, Xiaowei Huang

Year of publication:	2022
Authors:	Zhang, Man ; Brookins, Oscar T. ; Huang, Xiaowei
Published in:	Pacific-Basin finance journal. - Amsterdam [u.a.] : Elsevier, ISSN 0927-538X, ZDB-ID 1343420-2. - Vol. 72.2022, p. 1-21
Subject:	Corporate debt leverage \| Crowding-out effect \| LGFV bonds \| Treasury bonds \| China \| Verdrängungseffekt \| Crowding out \| Öffentliche Anleihe \| Public bond \| Öffentliche Schulden \| Public debt \| Verbindlichkeiten \| Corporate debt \| Anleihe \| Bond \| Kapitalstruktur \| Capital structure \| Staatspapier \| Government securities \| Fremdkapital \| Debt financing \| Kommunalverschuldung \| Municipal debt \| Unternehmensanleihe \| Corporate bond

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