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...

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Bibliographic Details
Main Author: Sobrinho, Nelson
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/188
Online Access:Full text available on IMF