JER, 第 10 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2005 |
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第 1 到 3 筆結果,共 38 筆
第 106 頁
... contract is a standard debt contract . Thus the contract spec- ifies a fixed gross interest rate r , which the entrepreneurs have to pay to the lender at the end of the period , after production has taken place . The contract further ...
... contract is a standard debt contract . Thus the contract spec- ifies a fixed gross interest rate r , which the entrepreneurs have to pay to the lender at the end of the period , after production has taken place . The contract further ...
第 122 頁
... contract , which makes the agent internalise all the risk . Now when FLS choose the fixed payment contract all entrepreneurs with collateral endowment of at least CF become eligible for formal loans and go to FL . This is because they ...
... contract , which makes the agent internalise all the risk . Now when FLS choose the fixed payment contract all entrepreneurs with collateral endowment of at least CF become eligible for formal loans and go to FL . This is because they ...
第 123 頁
... contract . On the other hand , if the ILs choose the contract with monitoring and con- tractible effort , they would earn a profit equal to C. Thus the ILs will be better off by choosing the contract with monitoring . Proposition 5 ...
... contract . On the other hand , if the ILs choose the contract with monitoring and con- tractible effort , they would earn a profit equal to C. Thus the ILs will be better off by choosing the contract with monitoring . Proposition 5 ...
內容
Namwon Hyung | 49 |
Changyong Rhee Optimal Travel Path | 129 |
Bent E Sorensen Nobuhiro Mori Takao Iida Makoto Okamura On | 175 |
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A-company analysis asset assume assumption average best technology bond indentures bond markets bootstrap c₁ candidates Chaebol coefficients compact cars contract corporate bonds Cournot duopoly covenants currency composition debt decrease developing countries differential distribution drug dummy dumping margin effect entrepreneurs equations equilibrium equity expenditure firm function GARCH Granger causality growth rate Hanyang University hedge ratio households incentive income increase indenture trustee inflation target information asymmetry Institute interest rate Journal of Economic Kilometer Korea lenders Ln(GNP loan log-normal distribution Malaysia maximise mid-size cars misperceived benefits monitoring cost Nash equilibrium negative oligopoly optimal paper period positive demand shock prior crisis probabilistic voting probability of default profit regression rental cars resale values route saving ratio Seasonality sector significant Standard Indenture Table tax policy tax rates tax ratio Theory tion trustee fees unofficial economy utility variables voters Wald tests