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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Yafeh, Yishay
מחברים אחרים: Claessens, Stijn, Ueda, Kenichi
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2010.
סדרה:IMF Working Papers; Working Paper ; No. 2010/231
גישה מקוונת:Full text available on IMF