Firm Investment and Balance-Sheet Problems in Japan /

This paper investigates whether balance-sheet conditions of firms and their main banks matter for firm investment behavior using dynamic corporate panel data in Japan for the period 1985-95. It finds that smaller non-bond issuing firms were facing liquidity constraints; these firms' balance-she...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Sekine, Toshitaka
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/111
Mynediad Ar-lein:Full text available on IMF