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inclusion and banking stability in Ghana, while also exploring how financing models such as enterprise finance and microfinance … of Cape Coast, Ghana. His research focuses on development economics, financial markets and institutions, microfinance …
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This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of capital and labor towards inefficient firms. I establish that the rise in real estate value during the US housing boom relaxes firms' financial constraints. Companies borrow...
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