Research Catalog

Corporate sector vulnerability and aggregate activity

Title: Corporate sector vulnerability and aggregate activity [electronic resource] / Torsten Sløk and Mike Kennedy
Author: Sløk, Torsten.
Publication: Paris : OECD Publishing, 2006.

Additional Authors: Kennedy, Mike.
Found In: OECD Economic Studies Vol. 2005, no. 1, p. 85-110 1609-7491
Description: 28 p.
Summary: The health of a firm's balance sheet potentially plays a role in its decisions to invest and through that channel, aggregate activity can be affected. Several authors have established a theoretical link based on the notion that the value of equity can be collateralised for business loans used to fund capital accumulation. In some of these models, it is possible to demonstrate that there is a financial accelerator that can amplify the business cycle by more than what could be explained by, for instance, an interest rate channel.
Subject: Economics
LCCN: 10.1787/eco_studies-v2005-art4-en
OCLC: oecd-lib
Author: Sløk, Torsten.
Title: Corporate sector vulnerability and aggregate activity [electronic resource] / Torsten Sløk and Mike Kennedy
Imprint: Paris : OECD Publishing, 2006.
Connect to:: Full text online available onsite at NYPL
Indexed Term: Economics
Added Author: Kennedy, Mike.
Found In:: OECD Economic Studies Vol. 2005, no. 1, p. 85-110 2005:1<85 1609-7491
Other Standard Identifier: 10.1787/eco_studies-v2005-art4-en doi