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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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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Chung, Jae-Yong (Auteur, (IMF staff)), Ratnovski, Lev (Auteur, (IMF staff))
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, [2016]
Collection:IMF working paper ; WP/16/204.
Sujets:
Accès en ligne:Texto completo

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