Corporate reserves--Do they hurt economic growth?: Some empirical evidence from OECD countries

Franz Hahn

Economics Letters, 2010, vol. 109, issue 2, 91-93

Abstract: In this note we provide empirical evidence supporting the view that enhanced corporate risk and liquidity management promoted by financial development provides better insurance against liquidity shocks caused by capital market imperfections and thus tends to support economic growth.

Keywords: Economic; growth; Risk; management; Liquidity; management; Panel; data; analysis (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:109:y:2010:i:2:p:91-93

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