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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Detalhes bibliográficos
Autor principal: Gelos, R.
Outros Autores: Werner, Alejandro
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
Colecção:IMF Working Papers; Working Paper ; No. 1999/025
Acesso em linha:Full text available on IMF