Benefits and Costs of Corporate Debt Restructuring: An Estimation for Korea

Jae Chung and Lev Ratnovski ()

No 2016/204, IMF Working Papers from International Monetary Fund

Abstract: The paper offers a method to quantify benefits and costs of corporate debt restructuring, with an application to Korea. We suggest a "persistent ICR

Keywords: WP; employment impact; debt vulnerability; cost-benefit assessment; cost-benefits implication; debt overhang; Corporate Debt; Stress-tests; Debt Restructuring; Korea; Employment; Labor force; Debt burden; Manufacturing; Global; creditor loss; vulnerabilities in Korea (search for similar items in EconPapers)
Pages: 22
Date: 2016-10-17
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44338 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2016/204

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().