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  • 16 Oct 2010
  • Working Paper Summaries

A Comparative-Advantage Approach to Government Debt Maturity

Keywords: by Robin Greenwood, Samuel G. Hanson & Jeremy C. Stein
  • October 1985 (Revised September 1986)
  • Background Note

Long-Term Debt Reporting, Rating, and Analysis

By: David F. Hawkins
Keywords: Borrowing and Debt
Citation
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Hawkins, David F. "Long-Term Debt Reporting, Rating, and Analysis." Harvard Business School Background Note 186-079, October 1985. (Revised September 1986.)
  • December 1985 (Revised January 1986)
  • Case

Agriculture, Technology, and Debt in Argentina

By: Ray A. Goldberg
Keywords: Agribusiness; Borrowing and Debt; Technology; Agriculture and Agribusiness Industry; Argentina
Citation
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Goldberg, Ray A. "Agriculture, Technology, and Debt in Argentina." Harvard Business School Case 586-113, December 1985. (Revised January 1986.)
  • November 1985
  • Case

Prentice Stevens, Inc.: Rating Industrial Debt

By: David F. Hawkins
Keywords: Borrowing and Debt; Management; Financial Statements
Citation
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Hawkins, David F. "Prentice Stevens, Inc.: Rating Industrial Debt." Harvard Business School Case 186-133, November 1985.
  • February 2016
  • Case

Debt and Democracy: The New York Constitutional Convention of 1846

By: David Moss and Dean Grodzins
On September 23, 1846, delegates to New York State's constitutional convention prepared to vote on a proposal that its principal proponent, Michael Hoffman, conceded would be “a serious change in our form of government.” The proposal would place tight restrictions on... View Details
Keywords: Sovereign Finance; Governance; Laws and Statutes; Government and Politics; History; New York (state, US)
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Moss, David, and Dean Grodzins. "Debt and Democracy: The New York Constitutional Convention of 1846." Harvard Business School Case 716-049, February 2016.
  • 26 Jul 2022
  • News

2022's States with the Highest & Lowest Credit-Card Debts

  • May 2005 (Revised December 2005)
  • Case

Nexgen: Structuring Collateralized Debt Obligations (CDOs)

A client asks Luc Giraud, CEO of the structured finance solutions provider Nexgen Financial Solutions, to put together a solution that allows the client to add AAA-rated bonds to its portfolio. The client cannot find suitably priced top-rated bonds in the market and... View Details
Keywords: Credit Derivatives and Swaps; Risk and Uncertainty; Debt Securities; Bonds; Financial Services Industry
Citation
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Chacko, George C., Peter A. Hecht, Marti Subrahmanyam, Vincent Dessain, and Anders Sjoman. "Nexgen: Structuring Collateralized Debt Obligations (CDOs)." Harvard Business School Case 205-121, May 2005. (Revised December 2005.)
  • February 1986
  • Background Note

Note on the Japanese Public Debt Markets

Citation
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Mason, Scott P. "Note on the Japanese Public Debt Markets." Harvard Business School Background Note 286-072, February 1986.
  • 15 Jan 2015
  • News

The Other Debt Bomb in Public-Employee Benefits

  • Spring 2015
  • Article

Sovereign Debt Restructuring: Evaluating the Impact of the Argentina Ruling

By: Laura Alfaro
Recent rulings in the ongoing litigation over the pari passu clause in Argentinian sovereign debt instruments have generated considerable controversy. Some official-sector participants and academic articles have suggested that the rulings will disrupt or impede... View Details
Citation
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Alfaro, Laura. "Sovereign Debt Restructuring: Evaluating the Impact of the Argentina Ruling." Harvard Business Law Review 5, no. 1 (Spring 2015): 47–71.
  • 09 Jun 2020
  • News

Fed action, debt markets and stocks

  • May 2025
  • Article

The Effects of Medical Debt Relief: Evidence from Two Randomized Experiments

By: Raymond Kluender, Neale Mahoney, Francis Wong and Wesley Yin
Two in five Americans have medical debt, nearly half of whom owe at least $2,500. Concerned by this burden, governments and private donors have undertaken large, high-profile efforts to relieve medical debt. We partnered with RIP Medical Debt (now Undue Medical Debt)... View Details
Keywords: Borrowing and Debt; Credit; Outcome or Result; Well-being; Personal Finance
Citation
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Kluender, Raymond, Neale Mahoney, Francis Wong, and Wesley Yin. "The Effects of Medical Debt Relief: Evidence from Two Randomized Experiments." Quarterly Journal of Economics 140, no. 2 (May 2025): 1187–1241.
  • 2015
  • Chapter

The Optimal Maturity of Government Debt

By: Robin Greenwood, Samuel Gregory Hanson, Joshua S. Rudolph and Lawrence Summers
Citation
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Greenwood, Robin, Samuel Gregory Hanson, Joshua S. Rudolph, and Lawrence Summers. "The Optimal Maturity of Government Debt." Chap. 1 in The $13 Trillion Question: How America Manages Its Debt, edited by David Wessel, 1–41. Brookings Institution Press, 2015. (Working Paper version Here.)
  • 2010
  • Chapter

Managing Technical Debt in Software-Reliant Systems

By: Alan MacCormack, N. Brown, Y. Cai, Y. Guo, R. Kazman, M. Kim, P. Kruchten, E. Lim, R. Nord, I. Ozkaya, R. Sangwan, C. Seaman, K. Sullivan and N. Zazworka
Citation
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MacCormack, Alan, N. Brown, Y. Cai, Y. Guo, R. Kazman, M. Kim, P. Kruchten, E. Lim, R. Nord, I. Ozkaya, R. Sangwan, C. Seaman, K. Sullivan, and N. Zazworka. "Managing Technical Debt in Software-Reliant Systems." In FoSER '10: Proceedings of the FSE/SDP Workshop on the Future of Software Engineering Research, 47–52. Association for Computing Machinery (ACM), 2010.
  • March 1996 (Revised June 1998)
  • Case

Debt Restructuring Under the Brady Plan

By: Huw Pill and Courtenay Sprague
Citation
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Pill, Huw, and Courtenay Sprague. "Debt Restructuring Under the Brady Plan." Harvard Business School Case 796-130, March 1996. (Revised June 1998.)
  • 19 Apr 2024
  • News

We’re Paying off Medical Debt Wrong

  • 20 Jul 2021
  • News

Americans’ Medical Debts Are Bigger Than Was Known, Totaling $140 Billion

  • 2002
  • Other Unpublished Work

The Maturity of Debt Issues and Predictable Variation in Bond Returns

By: Malcolm Baker, Robin Greenwood and Jeffrey Wurgler
The maturity of new debt issues predicts excess bond returns. When the share of long term debt issues in total debt issues is high, future excess bond returns are low. This predictive power comes in two parts. First, inflation, the real short-term rate, and the term... View Details
Keywords: Borrowing and Debt; Bonds; Investment Return; Financial Markets; Forecasting and Prediction
Citation
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Baker, Malcolm, Robin Greenwood, and Jeffrey Wurgler. "The Maturity of Debt Issues and Predictable Variation in Bond Returns." 2002. (First draft in 2001.)
  • 09 Dec 2011
  • News

Seeking a Solution: Dante Roscini on the European Debt Crisis

  • 07 Dec 2018
  • Video

Current Events Through the Lens of Theory: Tesla's Debt Downgraded

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