Formal Financial Credit Constraints and Solutions for Entrepreneurial Farmers
نویسندگان
چکیده
منابع مشابه
Credit constraints , entrepreneurial talent , and economic development
In this paper, we formalize the view that economic development requires high rates of productive entrepreneurship, and this requires an efficient matching between entrepreneurial talent and production technologies. We first explore the role of financial development in promoting such efficient allocation of talent, which results in higher production, job creation and social mobility. We then sho...
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This paper describes the positive effect that corporate income tax has on capital formation in the presence of liquidity constraints and uninsurable risk. The author uses a dynamic generalequilibrium model in which individuals choose whether to become entrepreneurs or workers. Workers save by holding corporate equity and therefore are subject to double taxation, as the return on their savings i...
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ژورنال
عنوان ژورنال: Modern Economy
سال: 2018
ISSN: 2152-7245,2152-7261
DOI: 10.4236/me.2018.912140