Capital market imperfections before and after financial liberalisation: a ruler-equation approach to panel data for Ecuadorian firms.
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TextPublication details: Washington : World Bank, 1993.Subject(s): Summary: Econometric results suggest that increasing borrowing costs at the margin and a ceiling on leverage affect small, young firms, but not large, old firms.
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Econometric results suggest that increasing borrowing costs at the margin and a ceiling on leverage affect small, young firms, but not large, old firms.
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