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Advanced Search Results For "finance"

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 "finance"
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Social Welfare Analysis of Policy-based Finance with Support for Corporate Loan Interest

Publication Type:Academic Journal

Source(s):KDI Journal of Economic Policy, Vol 43, Iss 4, Pp 45-67 (2021)

Abstract:We analyze the social welfare effect when a policy-based financial system (PFS) enters a decentralized financial market. Particularly, the PFS in this case supports the interest spread for corporate loans held by firms with heterogeneous bankruptcy dec...

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External Finance and Productivity Growth in Korea:Firm Level Evidence Before and After the Financial Crisis

Publication Type:Academic Journal

Source(s):KDI Journal of Economic Policy, Vol 30, Iss 2, Pp 27-59 (2008)

Abstract:This paper empirically investigates the finance-growth linkage in Korea by utilizing firm-level data of manufacturing industries before and after the 1997 financial crisis. We find that, first, an increase in external finance is associated with a faste...

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