Adverse Selection in Credit Markets and Infant Industry Protection
收藏NBER1989-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2864
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资源简介：
This paper considers the role for infant industry protection when credit markets suffer from adverse risk selection. We show that asymmetric information about firm-specific risk leads to under-funding of the infant industry in a competitive credit market. A small amount of infant industry protection
提供机构：
美国国家经济研究局
创建时间：
1989-02-01
