Prof. Matteo Maggiori of Stanford University on investor beliefs, trading, and global capital flows
Scientific Sense ®
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Long Term Deat Holdes Det Death, Is That a Good Idea?
Lngthening the maturity of debt can be helpful, because it avoids this continuous roll over. It's going to be very difficult to shorten that as lots of other uses and reasons why people want it. And so i think it's a statement on the margin that absolutely, if anybody asked me for my advice,. Lngthening a little bit the maturity is a very good idea. Te caseis a broad bot ovor all over the problem.
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