Credit Horizons
收藏NBER2021-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w28742
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资源简介:
Entrepreneurs appear to borrow largely against their near-term revenues, even when their investment has a longer horizon. In this paper, we develop a model of credit horizons. A question of particular concern to us is whether persistently low interest rates can stifle economic activity. With this in
提供机构:
美国国家经济研究局
创建时间:
2021-05-01



