Capital Flows with Debt- and Equity-Financed Investment-Equilibrium Structure and Efficiency Implications /

This paper distinguishes between debt and equity flows in the presence of information asymmetry between the firm's 'insiders' and 'outsiders' in a small open economy. It shows the inadequacy of capital investment because its scope is too narrow and the investment each firm m...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Razin, Assaf
Rannpháirtithe: Sadka, Efraim, Yuen, Chi-Wa
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1998.
Sraith:IMF Working Papers; Working Paper ; No. 1998/159
Rochtain ar líne:Full text available on IMF