Financial Sector Inefficiencies and the Debt Laffer Curve
The authors analyze the implications of inefficient financial intermediation for dbt management, using a model in which firms rely on bank credit to finance their working capital needs, and, lenders face a high state verification and enforcement co...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, D.C.
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2002/05/1790966/financial-sector-inefficiencies-debt-laffer-curve http://hdl.handle.net/10986/14799 |