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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Yafeh, Yishay
Beste egile batzuk: Claessens, Stijn, Ueda, Kenichi
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/231
Sarrera elektronikoa:Full text available on IMF