Corporate Financial Structure and Financial Stability

@inproceedings{Davis2004CorporateFS,
  title={Corporate Financial Structure and Financial Stability},
  author={E. Philip Davis and Mark Robert Stone and Arne Petersen},
  year={2004}
}
This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper uses flow-of-funds and balance sheet data to analyze the impact of financial crises on corporate financing and GDP in a range of countries. Post-crisis… CONTINUE READING

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