Adverse selection, endogenous borrowing constraints and firm growth

Arthur Fishman; Miriam Krausz

doi:10.1016/j.econlet.2010.04.038

Adverse selection, endogenous borrowing constraints and firm growth

Arthur Fishman
, Miriam Krausz

نتاج البحث: نشر في مجلة › مقالة › مراجعة النظراء

ملخص

If banks face asymmetric information about loan quality, endogenous borrowing constraints which restrict the size of new firms may emerge in equilibrium. High quality firms reduce financing costs by starting off small and increasing their size over time.

اللغة الأصلية	الإنجليزيّة
الصفحات (من إلى)	219-221
عدد الصفحات	3
دورية	Economics Letters
مستوى الصوت	108
رقم الإصدار	2
المعرِّفات الرقمية للأشياء	https://doi.org/10.1016/j.econlet.2010.04.038
حالة النشر	نُشِر - أغسطس 2010
منشور خارجيًا	نعم

الوصول إلى المستند

10.1016/j.econlet.2010.04.038

الملفات والروابط الأخرى

Link to publication in Scopus

قم بذكر هذا

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title = "Adverse selection, endogenous borrowing constraints and firm growth",

abstract = "If banks face asymmetric information about loan quality, endogenous borrowing constraints which restrict the size of new firms may emerge in equilibrium. High quality firms reduce financing costs by starting off small and increasing their size over time.",

keywords = "Asymmetric information, Endogenous borrowing constraints, Firm growth",

author = "Arthur Fishman and Miriam Krausz",

year = "2010",

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doi = "10.1016/j.econlet.2010.04.038",

language = "אנגלית",

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T1 - Adverse selection, endogenous borrowing constraints and firm growth

AU - Fishman, Arthur

AU - Krausz, Miriam

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N2 - If banks face asymmetric information about loan quality, endogenous borrowing constraints which restrict the size of new firms may emerge in equilibrium. High quality firms reduce financing costs by starting off small and increasing their size over time.

AB - If banks face asymmetric information about loan quality, endogenous borrowing constraints which restrict the size of new firms may emerge in equilibrium. High quality firms reduce financing costs by starting off small and increasing their size over time.

KW - Asymmetric information

KW - Endogenous borrowing constraints

KW - Firm growth

UR - https://www.scopus.com/pages/publications/77953976977

U2 - 10.1016/j.econlet.2010.04.038

DO - 10.1016/j.econlet.2010.04.038

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AN - SCOPUS:77953976977

SN - 0165-1765

VL - 108

SP - 219

EP - 221

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Adverse selection, endogenous borrowing constraints and firm growth

ملخص

الوصول إلى المستند

الملفات والروابط الأخرى

بصمة

قم بذكر هذا