Giannetti, Mariassunta (contributor) - 2001 - [Elektronische Ressource], Rev. November 6, 2001
efficiency of the financial system, measured by the level of monitoring costs, affects the extent of risk sharing within an … projects is concentrated in few individuals and firm shocks are idiosyncratic, the risk premium is likely to rise with the … amount of funds firms demand. As a consequence, keeping constant the level of opacity and risk, firms with better growth …
