Series: IMF Working Papers
Author(s): Enrica Detragiache , Gianni De Nicolo , and Senay Agca
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2007
Keywords: Corporate leverage, debt maturity, financial reforms, financial openness, international financial markets, financial liberalization, bond, bond rating,
We study how credit market deregulation and increased international financial openness have changed corporate borrowing. The evidence comes from a large panel of publicly traded firms in 38 countries over the perio...