Chapter | Are the Distinctions between Debt and Equity Disappearing? | 1990

The Changing Nature of Debt and Equity: A Discussion

by Robert C. Merton

Keywords: Borrowing and Debt; Equity; Change;

Citation:

Merton, Robert C. "The Changing Nature of Debt and Equity: A Discussion." In Are the Distinctions between Debt and Equity Disappearing? edited by R. W. Kopeke and E. S. Rosengren. Federal Reserve Bank of Boston Conference Series. Federal Reserve Bank of Boston, 1990.