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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Chen, Sophia
Tác giả khác: Lu, Yinqiu
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/248
Truy cập trực tuyến:Full text available on IMF