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the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …
Persistent link: https://www.econbiz.de/10011514147
Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue concerns immigration, jobs and wages. We address these issues in a general equilibrium framework, both analytically and through numerical simulations. Analytical results identify...
Persistent link: https://www.econbiz.de/10011409819
', if fiscal consolidation is combined with a program for bank recovery and for competitiveness and growth. The second …
Persistent link: https://www.econbiz.de/10012244451
capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns. …
Persistent link: https://www.econbiz.de/10011941557
bank credit reallocation with endogenous firm entry and exit that allows for both theoretical and quantitative analysis. By …
Persistent link: https://www.econbiz.de/10013453926