Coverart for item
The Resource Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus, Sophia Chen

Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus, Sophia Chen

Label
Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus
Title
Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus
Statement of responsibility
Sophia Chen
Creator
Author
Subject
Genre
Language
eng
Summary
Fixed investment was the most important contributing factor to the boom-bust cycle in Cyprus over the last decade. Investment boomed during a credit boom in mid-2000s, during which the corporate sector borrowed heavily. Investment collapsed after 2008 when the credit boom ended. Investment and corporate balance sheets further deteriorated during the Cypriot banking crisis over 2012-2014. Using firm-level investment and balance sheet data, we find that corporate indebtedness is negatively associated with investment both before and after the banking crisis, although the effect is weaker after the Cypriot banking crisis, possibly due to the reduced role of credit in driving post-crisis investment and growth. Our results suggest the need to repair corporate balance sheets to support sustainable invesetment
Member of
Cataloging source
DcWaIMF
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorDate
1980-
http://library.link/vocab/creatorName
Chen, Sophia
Government publication
international or intergovernmental publication
LC call number
K4452.I57
LC item number
C446 2016 ONLINE
Literary form
non fiction
Nature of contents
dictionaries
Series statement
IMF Working Paper
http://library.link/vocab/subjectName
  • Balance Sheets
  • Corporate Sector
  • Investment
  • Cyprus
Label
Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus, Sophia Chen
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2016248
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781475563122
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781475563122.001
Specific material designation
remote
System control number
(IMF)WPIEA2016248
Label
Does Balance Sheet Strength Drive the Investment Cycle? Evidence from Pre- and Post-Crisis Cyprus, Sophia Chen
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2016248
Dimensions
unknown
Extent
1 online resource (26 pages)
Form of item
online
Isbn
9781475563122
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781475563122.001
Specific material designation
remote
System control number
(IMF)WPIEA2016248

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