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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Sekine, Toshitaka
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1999.
Sraith:IMF Working Papers; Working Paper ; No. 1999/111
Rochtain ar líne:Full text available on IMF