A Unified Model of Entrepreneurship Dynamics
收藏NBER2011-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16843
下载链接
链接失效反馈官方服务：
资源简介：
We develop an incomplete-markets q-theoretic model to study entrepreneurship dynamics. Precautionary motive, borrowing constraints, and capital illiquidity lead to underinvestment, conservative debt use, under-consumption, and less risky portfolio allocation. The endogenous liquid wealth-illiquid
提供机构：
美国国家经济研究局
创建时间：
2011-03-01
