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...

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Detalhes bibliográficos
Autor principal: Sun, Yangfan
Outros Autores: Tong, Hui
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
Colecção:IMF Working Papers; Working Paper ; No. 2015/145
Acesso em linha:Full text available on IMF