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A note about credit rationing on research and development Author info | Abstract | Publisher info | Download info | Related research | Statistics Fiaschi, Alessandro
This note develops an overlapping generations model with credit rationing on research and development, in which both are determined simultaneously and endogenously. The model provides a useful tool to examine different policies that may help alleviate the negative effect of financial constraints faced by fi rms.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
12300.
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Date of creation: Sep 2008Date of revision:
10 Dec 2008Handle: RePEc:pra:mprapa:12300Contact details of provider: Postal: Schackstr. 4, D-80539 Munich, Germany Phone: +49-(0)89-2180-2219 Fax: +49-(0)89-2180-3900 Web page: http://mpra.ub.uni-muenchen.de More information through EDIRC
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Keywords: R&D ; credit constraints ; overlapping generations ; Other versions of this item:
Find related papers by JEL classification: D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Investment, or Financing
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