Aghion, Philippe; Fally, Thibault; Scarpetta, Stefano - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms … al. 2006).2
In this paper, we focus on credit constraints as a potential barrier to the entry and post entry
growth … and heterogeneous investment
costs. Albuquerque and Hopenhayn (2002) analyze lending and firm growth in a dynamic
model …