Japan's Distressed-Debt Market /
Sizable risk capital from outside may be necessary to accelerate Japan's corporate restructuring to replace the stock of impaired bank loans. To attract risk capital, impaired loans must find market-clearing prices. However, the asymmetry in the bid-ask prices faced by banks and distressed-debt...
Autore principale: | |
---|---|
Altri autori: | |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2004/086 |
Accesso online: | Full text available on IMF |