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Joshua Konstantinos

The Zombie (Company) Apocalypse Is Here

Mises Wire

Author: Joshua Konstantinos

Online Publish Date: June 21, 2019

Category: Business Cycles, Booms and Busts

One of the most significant economic developments since the Great Recession has been the zombification of the economy. A zombie company is a term introduced to the lexicon by an influential paper, Zombie Lending and Depressed Restructuring in Japan , by economists Ricardo J. Caballero, Takeo Hoshi, and Anil K. Kashyap. The official definition of a

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