Isyuk, Varvara - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012
financially fragile non-financial firms. It was mostly improvement in demand expectations that positively affected the performance … of US non-financial firms in the first months of recovery. In the later periods, however, neither amelioration in demand … expectations nor improvement of financial conditions can explain the performance of US non-financial firms. …