Zombie firms and a low-interest environment - an empirical analysis of ultra-low interest rates in relation to the surviving of inefficient firms in the nordic region
This paper examines the relationship between ultra-low interest rates and the amount of zombie firms using panel data for Sweden, Norway, Denmark and Finland over the period 2007-2020 in a multivariable regression model. Specifically, the questions addressed are: is there a relationship between the interest rate and the amount of zombie firms? Could it be concluded that the amount of zombie firms
