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Working paper

Of interest? Estimating the average interest rate on debt across firms and over time

Publisher
Business conditions Interest rates Business New Zealand
Description

This study uses tax data from the Longitudinal Business Database to estimate the firm-level average interest rate on liabilities. The mean of this measure has similar time-series properties to official statistics on the business borrowing rate, while also enabling detailed disaggregation across different firm types. 

Publication Details
Access Rights Type:
open
Issue:
Working Paper 21/01