Macro-Financial Implications of Corporate (De)Leveraging in the Euro Area Periphery /

High corporate indebtedness can pose an important threat to the adjustment processes in some of the Euro area periphery countries, through its drag on investment as well as the possible migration of private sector losses to the sovereign balance sheet. This paper examines the macroeconomic implicati...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Goretti, Manuela
Övriga upphovsmän: Souto, Marcos
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/154
Länkar:Full text available on IMF