Financial sector inefficiencies and the debt Laffer curve

Financial sector inefficiencies and the debt Laffer curve [electronic resource] / Pierre-Richard Agénor and Joshua Aizenman.

Agénor and Aizenman analyze the implications of inefficient financial intermediation for debt management using a model in which firms rely on bank credit to finance their working capital needs and lenders face high state verification and enforcement costs of loan contracts. Their analysis shows tha...

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Bibliographic Details
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Main Author: Agénor, Pierre-Richard
Corporate Authors: World Bank, World Bank Institute. Economic Policy and Poverty Reduction
Other Authors: Aizenman, Joshua
Format: Electronic eBook
Language:English
Published: Washington, D.C. : World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division, [2002]
Series:Policy research working papers ; no. 2842.
Subjects:
Business enterprises > Finance > Econometric models.
Debt relief > Econometric models.
Bank loans > Econometric models.
Debt relief.

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Call Number: HG3881.5.W57 P63 no.2842
HG3881.5.W57 P63 no.2842 Available

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