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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Detalles Bibliográficos
Autor Principal: Yafeh, Yishay
Outros autores: Claessens, Stijn, Ueda, Kenichi
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/231
Acceso en liña:Full text available on IMF