Local Government Debt and Firm Leverage: Evidence from China-Reference-Cited by-同舟云学术

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Local Government Debt and Firm Leverage: Evidence from China

Published:2017-07 Issue:2 Volume:12 Page:210-232
ISSN:1832-8105
Container-title:Asian Economic Policy Review
language:en
Short-container-title:Asian Economic Policy Review

Author:

Liang Yousha¹,Shi Kang²,Wang Lisheng²,Xu Juanyi³

Affiliation:

1. Zhejiang University

2. Chinese University of Hong Kong

3. Hong Kong University of Science and Technology

Publisher

Wiley

Subject

Management, Monitoring, Policy and Law,Political Science and International Relations,General Economics, Econometrics and Finance

Link

http://onlinelibrary.wiley.com/wol1/doi/10.1111/aepr.12176/fullpdf

Reference33 articles.

1. Ambrose B.W. Deng Y. Wu J. 2015 Understanding the risk of China's local government debts and its linkage with property markets https://ssrn.com/abstract=2557031

2. Ang A. Bai J. Zhou H. 2016 The great wall of debt: Real estate, political risk, and Chinese local government credit spreads PBC School of Finance & National Institute of Financial Research (PBCSF-NIFR) Research Paper

3. Measuring the upstreamness of production and trade flows;Antràs;American Economic Review,2012

4. Bai C.-E. Hsieh C.-T. Song Z. 2016 The long shadow of a fiscal expansion . NBER Working Paper, (w22801).

5. Soft budget constraint and inflation cycles: A positive model of the macro-dynamics in China during transition;Brandt;Journal of Development Economics,2001

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