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Replaced with revised version of paper 08/03/05.
Persistent link: https://www.econbiz.de/10009442932
Replaced with revised version of paper 08/03/05.
Persistent link: https://www.econbiz.de/10005477005
This paper provides a methodological bridge leading from the well-developed theory of credit rationing to the less developed territory of empirically identifying credit constraints. We begin by developing a simple model showing that credit constraints may take three forms: quantity rationing,...
Persistent link: https://www.econbiz.de/10004989491