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Do Debt Flows Crowd Out Equity Flows Or the Other Way Round?

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NBER2000-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7736
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In the presence of asymmetric information, the stage at which financing decisions are made about investment projects in a small open economy is crucial for the composition of international capital inflows as well as for the efficiency of channeling savings into investment. This paper compares the
创建时间:
2000-06-01
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