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Intra-Group Transfers And Group Formation

Author

Listed:
  • Dyuti Banerjee
  • Anupama Sethi

Abstract

In this paper we consider different forms of intra-group transfers and the resulting type of group formation. We introduce the concept of partial joint liability and revenue sharing and show that this form of intra-group transfer may result in heterogeneous group formation. Its uniqueness is established by the fact that other transfer schemes always result in homogenous group formation.

Suggested Citation

  • Dyuti Banerjee & Anupama Sethi, 2008. "Intra-Group Transfers And Group Formation," Monash Economics Working Papers 24/08, Monash University, Department of Economics.
    • Handle: RePEc:mos:moswps:2008-24
    as

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    File URL: http://www.buseco.monash.edu.au/eco/research/papers/2008/2408intragroupbanerjeesethi.pdf
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    References listed on IDEAS

    as
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    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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