Financial Frictions, Investment, and Institutions /
Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i) financial transaction costs at the firm level; and (ii) requir...
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| Weitere Verfasser: | , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2010/231 |
| Online Zugang: | Full text available on IMF |