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        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps
        Access to Finance  Product Innovation and Middle-Income Traps

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        Access to Finance Product Innovation and Middle-Income Traps

        ABSTRACT

        This paper studies interactions between access to finance, product innovation, and labor supply in a two-period overlapping generations model with an endogenous skill distribution and credit market frictions. In the model lack of access to finance (induced by high monitoring costs) has an adverse effect on innovation activity not only directly but also indirectly, because too few individuals may choose to invest in skills.

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        DOCUMENT INFO

        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size939 KB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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