How Does Post-Crisis Bank Capital Adequacy Affect Firm Investment? /
We examine the effect of bank capital levels on firm investment drawing on a sample of 11,106 non-financial firms from 2007 to 2013 in 16 advanced economies. We examine two measures of bank capital adequacy, the Tier 1 ratio and a simple leverage ratio, and find that firms with larger external finan...
Main Author: | |
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | IMF Working Papers; Working Paper ;
No. 2015/145 |
Online Access: | Full text available on IMF |