A Theory of Banks, Bonds, and the Distribution of Firm Size
收藏NBER2009-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15454
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资源简介：
We draw on stylized facts from the finance literature to build a model where altering the relative costs of bank and bond financing changes the entire distribution of firm size, with implications for the aggregate capital stock, output, and welfare. Reducing transactions costs in the bond market
提供机构：
美国国家经济研究局
创建时间：
2009-10-01
