Meisenzahl, Ralf R. - Federal Reserve Board (Board of Governors of the … - 2011
(Holmstrom and Tirole, 1997), using a comprehensive data set of US small business credit contracts. The data include detailed … information about the business, its owner, bank balance sheet information, and the terms of credit. In line with the predictions … finance. More than two thirds of the business credit contracts can be rationalized by one period debt contracts with costly …