Measuring the Impact of Financial Intermediation: Linking Contract Theory to Econometric Policy Evaluation
We study the impact that financial intermediation can have on productivity through the alleviation of credit constraints in occupation choice and/or an improved allocation of risk, using both static and dynamic structural models as well as reduced-form OLS and IV regressions. Our goal in this paper...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
Cambridge University Press
2010
|
| Online Access: | http://hdl.handle.net/1721.1/51038 https://orcid.org/0000-0002-1528-8102 |