IMF Staff Papers, Volume 50, Special Issue, IMF Third Annual Research Conference /
The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the world th...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2003.
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Series: | IMF Staff Papers; IMF Staff Papers ;
No. 2003/005 |
Online Access: | Full text available on IMF |