The level of UK corporate debt directly affects financial stability in the United Kingdom because a significant amount of the exposure of the UK financial system is to UK corporates. Our paper provides a comparison of the determinants of corporate debt in the United States, the United Kingdom,...

To examine the effects of policy intervention in the presence of imperfect competition in manufacturing, general equilibrium models are constructed of four Western Pacific economies, chosen according to their level of development and the comparative sizes of their manufacturing sectors. The...