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【With the same author name:【吴文锋】 Found 2 articles】 /Page Order by: Asce Desc

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| F832.5

Credit Supply Shock and Capital Structure Heterogeneity Adjustment: Evidence Based on Deleveraging

Hu Yue, Wu Wenfeng

Credit supply shock is an important source of macroeconomic fluctuations. If credit supply shock significantly affects firm capital structure, the leverage change will play a role in ampli...

First published at: Oct 03, 2022

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doi:10.16538/j.cnki.jfe.20220714.401

Journal of Finance and Economics, Vol. 48, Issue 10, pp. 138 - 152

| F832.1

The Reversal of Leverage Scissors: State-owned Enterprises’ Leveraging or Private-owned Enterprises’ Deleveraging

Hu Yue, Wu Wenfeng

Recently, the debt level of the Chinese corporate sector has risen rapidly. According to BIS, the ratio of debt to GDP in China’s non-financial sector has soared from 96% in 2008 to ...

First published at: May 01, 2019

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doi:10.16538/j.cnki.jfe.2019.05.004

Journal of Finance and Economics, Vol. 45, Issue 05, pp. 44 - 57

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