Hoshi, Takeo; Kashyap, Anil K - In: Journal of Financial Economics 97 (2010) 3, pp. 398-417
rehabilitate the U.S. banking industry. Many of those strategies were also used in Japan to combat its banking problems in the 1990 … respect to four of the others. So far, the U.S. has avoided Japan's problem of having impaired banks prop up zombie firms. …