Bankruptcy and Firm Dynamics : The Case of the Missing Firms /
Financial frictions have been documented as an important determinant of firm dynamics. In this paper I model bankruptcy procedures, liquidation in particular, as an institutional feature that affects both sides of financial transactions. I construct a model of firm dynamics that generate endogenous...
| Հիմնական հեղինակ: | |
|---|---|
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 2010/041 |
| Առցանց հասանելիություն: | Full text available on IMF |