Dispersion in Financing Costs and Development
收藏NBER2021-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28635
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资源简介：
Most aggregate theories of financial frictions model credit available at a single cost of financing but rationed. However, using a comprehensive firm-level credit registry, we document both high levels and high dispersion in credit spreads to Brazilian firms. We develop a quantitative dynamic
提供机构：
美国国家经济研究局
创建时间：
2021-04-01
