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- W2362905376 abstract "Different scholars have different views concerning the relevance between corporate debt and macro-economy.This paper examines the causes of corporate debt,its self-incrementing mechanism and its influence on macro-economy under the unsymmetrical information circumstances.The over-debt and self-incrementing mechanism leads to the final collapse of social credit and to the depression of macro-economy.Empirical researches on Thailand and Malaysia show similar results of this analysis.The paper suggests that the Central Bank increase its money supply according to the growth of both GDP and the corporate debt." @default.
- W2362905376 created "2016-06-24" @default.
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- W2362905376 date "2006-01-01" @default.
- W2362905376 modified "2023-09-23" @default.
- W2362905376 title "Relevance between Corporate Debt and Macro-economy" @default.
- W2362905376 hasPublicationYear "2006" @default.
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