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Census Bureau Issues Working Paper Entitled 'Leveraged Payouts: How Using New Debt to Pay Returns in Private Equity Affects Firms, Employees, Creditors & Investors'
February 14, 2025
WASHINGTON, Feb. 14 -- The U.S. Census Bureau issued the following working paper (No. CES-25-12) entitled "Leveraged Payouts: How Using New Debt to Pay Returns in Private Equity Affects Firms, Employees, Creditors and Investors."

The paper was written by Abhishek Bhardwaj, Abhinav Gupta and Sabrina T. Howell.

Here are excerpts:

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A feature of all capital structure models is a causal, positive relationship between debt ratios and t . . .

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