Chakraborty, Suparna; Peek, Joe - 2016 - This version: December 2016
), narrowly defined as extending additional credit to enable unhealthy firms to continue making interest payments on existing … would contribute to a misallocation of credit, the extent to which it occurred could account for much of the depth of the … credit in Japan associated with banks' evergreening loans, distinguishing between financial distress, which may be temporary …