01584cas a2200241 a 4500 AALejournalIMF004123 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451819601 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Israel : Selected Issues. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (113 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the empirical relationship between corporate leverage-and other indicators of financial health-and investment in Israel, using dynamic panel data techniques. The results suggest that weak balance sheets may well have contributed to the investment decline of recent years. The impact of financial variables on investment is more pronounced for firms under financial pressure. However, there is little evidence that weak balance sheets' impact on corporate investment increases during real downturns or following an equity market bust. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/121 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/121/002.2006.issue-121-en.xml IMF e-Library