Financial Reforms, Financial Openness, and Corporate Borrowing : International Evidence /

We study how credit market deregulation and increased international financial openness have changed corporate borrowing. The evidence comes from a large panel of publicly traded firms in 38 countries over the period 1994-2002. Reforms are measured with a comprehensive new index that tracks six separ...

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Bibliographic Details
Main Author: Detragiache, Enrica
Other Authors: Agca, Senay, De Nicolo, Gianni
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/186
Online Access:Full text available on IMF