# Prof. Holger Mueller's research on the impact of corporate debt is featured

1 Faculty News April 14, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2015-04-14/your-company-s-big-appetite-for-debt-may-be-dangerous-to-your-job) -- "When faced with plunging household demand, leveraged firms 'do not (or cannot) raise additional external finance' they write in the paper. 'Instead, high-leverage firms reduce employment, close down establishments, and cut back on investment.'"

[Read more](http://www.bloomberg.com/news/articles/2015-04-14/your-company-s-big-appetite-for-debt-may-be-dangerous-to-your-job)