Benefits and costs of coporate debt restructuring : (Record no. 664648)

MARC details
000 -LEADER
fixed length control field 04081cam a2200673Ii 4500
001 - CONTROL NUMBER
control field ocn962765013
003 - CONTROL NUMBER IDENTIFIER
control field OCoLC
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240829102100.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field m d
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr |||||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 161116s2016 dcua ob i000 0 eng d
040 ## - CATALOGING SOURCE
Original cataloging agency DJB
Language of cataloging eng
Description conventions rda
Transcribing agency DJB
Modifying agency OCLCF
-- IDEBK
-- OCLCQ
-- CEF
-- OTZ
-- N$T
019 ## -
-- 967078252
-- 1055823869
-- 1103568221
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781475545418
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 147554541X
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 147554555X
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781475545555
Qualifying information (electronic bk.)
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Canceled/invalid ISBN 1475545509
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1018-5941
024 7# - OTHER STANDARD IDENTIFIER
Standard number or code 10.5089/9781475545418.001
Source of number or code doi
035 ## - SYSTEM CONTROL NUMBER
System control number 1428967
-- (N$T)
035 ## - SYSTEM CONTROL NUMBER
System control number (OCoLC)962765013
Canceled/invalid control number (OCoLC)967078252
-- (OCoLC)1055823869
-- (OCoLC)1103568221
037 ## - SOURCE OF ACQUISITION
Stock number 967863
Source of stock number/acquisition MIL
043 ## - GEOGRAPHIC AREA CODE
Geographic area code a-ko---
050 #4 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HG3881.5.I58
Item number W67 No. 16/204eb
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 658.1526
Edition number 23
049 ## - LOCAL HOLDINGS (OCLC)
Holding library MAIN
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Chung, Jae-Yong,
Relator term author,
-- (IMF staff)
9 (RLIN) 988744
245 10 - TITLE STATEMENT
Title Benefits and costs of coporate debt restructuring :
Remainder of title an estimation for Korea /
Statement of responsibility, etc. prepared by Jae Chung and Lev Ratnovski.
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture [Washington, D.C.] :
Name of producer, publisher, distributor, manufacturer International Monetary Fund,
Date of production, publication, distribution, manufacture, or copyright notice [2016]
264 #4 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Date of production, publication, distribution, manufacture, or copyright notice ©2016
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (22 pages) :
Other physical details color illustrations.
336 ## - CONTENT TYPE
Content type term text
Content type code txt
Source rdacontent
337 ## - MEDIA TYPE
Media type term computer
Media type code c
Source rdamedia
338 ## - CARRIER TYPE
Carrier type term online resource
Carrier type code cr
Source rdacarrier
347 ## - DIGITAL FILE CHARACTERISTICS
File type data file
Source rda
490 1# - SERIES STATEMENT
Series statement IMF working paper ;
Volume/sequential designation WP/16/204
500 ## - GENERAL NOTE
General note "October 2016."
500 ## - GENERAL NOTE
General note At head of title: International Monetary Fund, Asia and Pacific Department.
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references (pages 20-21).
520 3# - SUMMARY, ETC.
Summary, etc. The paper offers a method to quantify benefits and costs of corporate debt restructuring, with an application to Korea. We suggest a "persistent ICR<1" criterion to capture firms that had ICR<1 for multiple consecutive years and thus will likely require restructuring. We assess the benefits of debt restructuring by estimating the effects of removing a firm's debt overhang on its investment and hiring decisions. We refine the assumptions on the cost of debt restructuring based on the literature, and focus not only on creditor losses, but also on the employment impact of corporate restructuring. Benchmark results for Korea suggest 5.5-7.5 percent of GDP creditor losses and a 0.4-0.9 percent of the labor force employment impact from the debt restructuring. These are compensated by a permanent 0.4-0.9 percentage points increase in future GDP growth thanks to higher corporate investment and 0.05-0.1 percent of labor force higher hiring in the subsequent years. The key qualitative result is that corporate debt restructurings "pay off" in the medium term: their economic cost is recouped over about 10 years.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note Description based on online resource; title from pdf title page (IMF.org Web site, viewed November 16, 2016).
590 ## - LOCAL NOTE (RLIN)
Local note Added to collection customer.56279.3
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Corporate debt
Geographic subdivision Korea (South)
General subdivision Econometric models.
9 (RLIN) 988745
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Debt relief
Geographic subdivision Korea (South)
General subdivision Econometric models.
9 (RLIN) 988746
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Corporate debt
General subdivision Econometric models.
Source of heading or term fast
Authority record control number (OCoLC)fst00879637
9 (RLIN) 988747
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Debt relief
General subdivision Econometric models.
Source of heading or term fast
Authority record control number (OCoLC)fst00888794
9 (RLIN) 860906
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Korea (South)
Source of heading or term fast
Authority record control number (OCoLC)fst01206791
9 (RLIN) 180275
655 #4 - INDEX TERM--GENRE/FORM
Genre/form data or focus term Electronic books.
9 (RLIN) 396
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Ratnovski, Lev,
Relator term author,
-- (IMF staff)
9 (RLIN) 654313
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element International Monetary Fund,
Relator term publisher.
9 (RLIN) 294359
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element International Monetary Fund.
Subordinate unit Asia and Pacific Department,
Relator term issuing body.
9 (RLIN) 644987
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Relationship information Print version:
Main entry heading Chung, Jae.
Title Benefits and Costs of Corporate Debt Restructuring: An Estimation for Korea.
Place, publisher, and date of publication Washington, D.C. : International Monetary Fund,2016
International Standard Book Number 9781475545418
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title IMF working paper ;
Volume number/sequential designation WP/16/204.
856 40 - ELECTRONIC LOCATION AND ACCESS
Materials specified EBSCOhost
Uniform Resource Identifier <a href="https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1428967">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1428967</a>
938 ## -
-- ProQuest MyiLibrary Digital eBook Collection
-- IDEB
-- cis36894576
938 ## -
-- EBSCOhost
-- EBSC
-- 1428967
994 ## -
-- 92
-- N$T
Holdings
Withdrawn status Lost status Damaged status Not for loan Collection code Home library Current library Date acquired Total Checkouts Date last seen Price effective from Koha item type
  Not Lost     EBSCO Business e-Library e-Library 29/08/2024   29/08/2024 29/08/2024 eBook

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