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and external funds. As a consequence investment by firms facing high information cost is not only determined by expected … study derives a theoretical investment-liquidity constraint model to test the hypothesis that the investment decisions of … on the severity of liquidity constraints for investment. The major findings of the study indicate that when the …
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"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending institutions such as government or commercial banks, and more...
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