Fiaschi, Alessandro (2008): A note about credit rationing on research and development.
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This note develops an overlapping generations model with credit rationing on research and development, in which both are determined simultaneously and endogenously. The model provides a useful tool to examine different policies that may help alleviate the negative effect of �financial constraints faced by fi�rms.
|Item Type:||MPRA Paper|
|Original Title:||A note about credit rationing on research and development|
|Keywords:||R&D, credit constraints, overlapping generations|
|Subjects:||D - Microeconomics > D9 - Intertemporal Choice > D91 - Intertemporal Household Choice ; Life Cycle Models and Saving
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism Design
D - Microeconomics > D9 - Intertemporal Choice > D92 - Intertemporal Firm Choice, Investment, Capacity, and Financing
|Depositing User:||Alessandro Fiaschi|
|Date Deposited:||20. Dec 2008 10:40|
|Last Modified:||20. Feb 2013 01:52|
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