So far, US firms have absorbed much of the cost. More pain for consumers may be coming.
Chicago Booth’s Brent Neiman and his coauthors have used micro data to construct a new picture of country-level investment portfolios.
The prevalence of offshore financing could make it hard to size up the risks of a corporate debt crisis or to design policies in response to one.
Chicago Booth’s Brent Neiman discusses the remote-working landscape in the US amidst COVID-19 shutdowns.
Chicago Booth’s Brent Neiman explains how factors around debt could complicate recovery.