Inefficiency of Corporate Investment and Distortion of Savings Behavior in Japan

Albert Ando, Dimitrios Christelis & Tsutomu Miyagawa
Published Date
Copyright 2003
ISBN 0-226-06021-7
Structural Impediments to Growth in Japan
Book: Structural Impediments to Growth in Japan
Book editors: Magnus Blomström, Jennifer Corbett, Fumio Hayashi & Anil Kashyap
PUBLISHER: University of Chicago Press
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Macroeconomics
Consumption and Investment

Published From Paper

Inefficiency of Corporate Investment and Distortion of Savings Behavior in Japan
- Working Paper
The value of corporate equity in Japan is dramatically smaller than that implied by the sum of the reproduction cost...

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