This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm level for a cross section of large-sized emerging market and developing economies. It analyzes the extent to which investment may be discouraged by high levels of debt that put at...

The art market in historical perspective -- The art sector in China : traditional, Maoist and globalized periods -- Main features of the art market : what is art? how to value it? how art trade is organized? -- Recessions, financial crises and war : impact on the art sector -- How the super-rich...