Credit constraints and the process of development

This paper presents an extension of the model in Jaimovich [Jaimovich, E., 2010. Adverse selection and entrepreneurship in a model of development. Scandinavian Journal of Economics 112, 77–100] and generalizes his results by relaxing key assumptions in his analysis.

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Year of publication:	2012
Authors:	Nishida, Keigo
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 116.2012, 3, p. 281-283
Publisher:	Elsevier
Subject:	Credit constraint \| Moral hazard \| Sectoral shift \| Poverty trap

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Type of publication:	Article
Classification:	O11 - Macroeconomic Analyses of Economic Development ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology ; O16 - Financial Markets; Saving and Capital Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041741