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...

Повний опис

Бібліографічні деталі
Автор: Ohashi, Kazunari
Інші автори: Singh, Manmohan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2004.
Серія:IMF Working Papers; Working Paper ; No. 2004/086
Онлайн доступ:Full text available on IMF