| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086239 | Japan and the World Economy | 2011 | 10 Pages |
Abstract
⺠The results show dynamic relationships between shocks and the bankruptcy rate. ⺠An expansionary monetary policy shock prevents firms from becoming bankrupt. ⺠Positive shocks in total output, profit rate and quick assets ratio depress the rate. ⺠The change in the rate reflects the accumulated impact of past and present shocks.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nobuyuki Harada, Noriyuki Kageyama,