Japanese Firms During the Lost Two Decades - Nakamura, Jun-ichi

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

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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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