Corporate Balance Sheet Restructuring and Investment in the Euro Area /

The recent boom-bust cycle in the euro area's equity valuations has left nonfinancial corporations saddled with a legacy of high debt or leverage. Models of corporate investment behavior based on imperfect capital markets predict that highly leveraged balance sheets can act as a brake on invest...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Jaeger, Albert
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2003.
Saila:IMF Working Papers; Working Paper ; No. 2003/117
Sarrera elektronikoa:Full text available on IMF