chapter 11
2 episodes mention this concept
NewEconomicThinkingOct 22, 2020How Bad Can It Still Get: Credit Risk, Debt Overhang, and the COVID-19 Recession
EconomicsCredit riskDebt overhangCOVID-19 recessionCorporate debt market
NewEconomicThinkingAug 23, 2020Joseph Stiglitz: An Economy Without Spare Tires - Pandemic Response, Neoliberalism, and the Crisis of Governance
EconomicsAggregate demand insufficiencySupply and demand shockEconomic resilienceCrisis preparedness