The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.

The article is aimed at studying the essence of concept "States debt sustainability" and formulating recommendations for managing sustainability. To do this, it necessary to consider relationship between sustainability state security, systematize factors influencing state, analyze assessment Ukraine's It proposed that should be understood as a balance volume public rate economic growth, which r...

This paper examines the optimal mix and priority structure of bank and market debt using a tax shield-bankruptcy cost tradeoff model where the only unique feature of banks is their ability to renegotiate. Closed-form expressions are derived for the values of renegotiable bank debt, non-renegotiable market debt, equity, and levered firm values. Optimal debt structure hinges upon ex post bargaini...

The purpose of this research is to examine the impact microfinance bank credit and its debt servicing on profitability SMEs in Alimosho Local Government Area, Lagos State, Nigeria. A survey was carried out involving 387 LGA, State information extracted using a well-structured questionnaire answer hypotheses raised. Evidence from simple linear regression outputs SPSS v.25 shows that MFBs loans s...