Bankruptcy Technology, Finance, and Entrepreneurship /

Using an overlapping-generations growth model featuring financial intermediation, I find that inefficiencies in technology to deal with private debt distress (bankruptcy technology), and obstacles to entrepreneurship (high costs of doing business) have significant negative effects on the income per...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Sobrinho, Nelson
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/188
Online Zugang:Full text available on IMF