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Benefits and costs of coporate debt restructuring : an estimation for Korea /

The paper offers a method to quantify benefits and costs of corporate debt restructuring, with an application to Korea. We suggest a "persistent ICR<1" criterion to capture firms that had ICR<1 for multiple consecutive years and thus will likely require restructuring. We assess the b...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Chung, Jae-Yong (Author, (IMF staff)), Ratnovski, Lev (Author, (IMF staff))
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, [2016]
Series:IMF working paper ; WP/16/204.
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