Financial Liberalization, Credit Constraints, and Collateral : Investment in the Mexican Manufacturing Sector /

This paper examines the impact of financial liberalization on fixed investment in Mexico, using establishment-level data from the manufacturing sector. It analyzes changes in cash-flow sensitivities and uses an innovative approach to explore the role of real estate as collateral and deal with a pote...

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Hlavní autor: Gelos, R.
Další autoři: Werner, Alejandro
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1999.
Edice:IMF Working Papers; Working Paper ; No. 1999/025
On-line přístup:Full text available on IMF