Does Balance Sheet Strength Drive the Investment Cycle? : Evidence from Pre- and Post-Crisis Cyprus /
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 corpo...
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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2016.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2016/248 |
| Dostęp online: | Full text available on IMF |