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Dynamic Strategic Corporate Finance: A Tug of War with Financial Frictions

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NBER2021-09-01 更新2025-01-04 收录
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Access to capital markets plays a key role for the evolution of an industry over time. We develop a benchmark theoretical setting that integrates core corporate finance insights about the impact of financial frictions on investment with those from industrial organization on dynamic competition and

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2021-09-01
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