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This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.
Persistent link: https://www.econbiz.de/10005543338
This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.
Persistent link: https://www.econbiz.de/10005638891
The paper examines the arguments of the two books in order to explore the reasons for their diametrically opposed conclusions. The paper argues that what determines their relative oppositions at the finishing gate is their relative position at the starting posts - and what is different between...
Persistent link: https://www.econbiz.de/10005812635