What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?
收藏NBER2010-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16528
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资源简介：
We quantify the effects of lending and balance sheet channels on corporate investment during large crises in emerging markets. The depreciated currency creates investment opportunities in the tradable sector but firms might be financially constrained due to: 1) a deterioration of their balance sheet
提供机构：
美国国家经济研究局
创建时间：
2010-11-01
