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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Corporate Authors: | , |
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Format: | Electronic eBook |
Language: | English |
Published: |
Washington, D.C. :
World Bank, World Bank Institute, Economic Policy and Poverty Reduction Division,
[2002]
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Series: | Policy research working papers ;
no. 2842. |
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Internet
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Call Number: |
HG3881.5.W57 P63 no.2842
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HG3881.5.W57 P63 no.2842 | Available |