Macro Effects of Corporate Restructuring in Japan

Macro Effects of Corporate Restructuring in Japan
This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the READ MORE...

Publication date: October 2003
ISBN 9781451874471
$15.00

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