Japanese Firms During the Lost Two Decades

Name: Japanese Firms During the Lost Two Decades
Brand: Springer Verlag, Japan
SKU: 2371421
Author: Jun-ichi Nakamura

Jun-ichi Nakamura

Springer Verlag, Japan

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Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of "zombie" firms.

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