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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 2003/117 |
| Truy cập trực tuyến: | Full text available on IMF |