A tractable model of limited enforcement and the life-cycle dynamics of firms
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DOI: 10.1016/j.econlet.2017.11.025
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More about this item
Keywords
Dynamic contract; Limited enforcement; Firm dynamics; Capital structure;All these keywords.
JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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