Rapidly Rising Coporate Debt: Are Firms Now Vulnerable to an Economic Slowdown?

6 Pages Posted: 4 May 2005

See all articles by Carol L. Osler

Carol L. Osler

Brandeis University - International Business School

Gijoon Hong

Independent

Abstract

The buildup of debt in the late 1990s has raised concerns about the U.S. nonfinancial corporate sector's health and its vulnerability to economic downturns. An analysis of the sector suggests that while small firms are experiencing some weakness, corporations as a group are in good financial shape.

Keywords: corporate debt, leverage

JEL Classification: G31, G32

Suggested Citation

Osler, Carol L. and Hong, Gijoon, Rapidly Rising Coporate Debt: Are Firms Now Vulnerable to an Economic Slowdown?. Current Issues in Economics and Finance, Vol. 6, No. 7, June 2000. Available at SSRN: https://ssrn.com/abstract=716762

Carol L. Osler (Contact Author)

Brandeis University - International Business School ( email )

Mailstop 32
Waltham, MA 02454-9110
United States
781-736-4826 (Phone)

Gijoon Hong

Independent

No Address Available

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