Showing 1 - 10 of 77
Persistent link: https://www.econbiz.de/10003934535
In an overlapping generations economy, lenders fund risky investment projects of firms by drawing up loan contracts in the presence of an informational asymmetry. An optimal contract entails the issue of only debt, only equity, or a mix of the two. The equilibrium choice of contract depends on...
Persistent link: https://www.econbiz.de/10010296396
In an overlapping generations economy, lenders fund risky investment projects of firms by drawing up loan contracts in the presence of an informational asymmetry. An optimal contract entails the issue of only debt, only equity, or a mix of the two. The equilibrium choice of contract depends on...
Persistent link: https://www.econbiz.de/10002947524
Persistent link: https://www.econbiz.de/10012619410
Persistent link: https://www.econbiz.de/10009578342
Persistent link: https://www.econbiz.de/10009665707
Persistent link: https://www.econbiz.de/10009758809
Persistent link: https://www.econbiz.de/10010350040
Persistent link: https://www.econbiz.de/10001826608
Persistent link: https://www.econbiz.de/10001197763