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...
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press,
2010-01-29T18:45:30Z.
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| Subjects: | |
| Online Access: | Get fulltext |