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  • 标题:Economic Conditions and Japanese Firm Financing
  • 本地全文:下载
  • 作者:Guy Yamashiro ; Iichiro Uesugi
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2006
  • 卷号:5
  • 出版社:Economics Bulletin
  • 摘要:This paper investigates the role played by non-financial firms in Japanese corporate financing. We find that non-financial firms are an important source of credit for both small and large firms in Japan. We also document that adverse real and financial shocks have similar effects on small and large firm financing. The primary implication of our results is that credit from the non-financial private sector in Japan serves to lessen the adverse impact of real and financial shocks on the economy.
  • 关键词:Business Cycles
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