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Asymmetric information, corporate finance, and investment /
In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity-and this is true for enough firms and consumers to have significant aggregat...
| Clasificación: | Libro Electrónico |
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| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Chicago :
University of Chicago Press,
1990.
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| Colección: | Project report (National Bureau of Economic Research)
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity-and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences-asymmetries-in access to information between ""borrowers"" and ""lenders"" (""insiders"" and ""outsiders"") in financial transactions affect investment decisions of firms and the organization of financial markets. The original r |
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| Notas: | Papers presented at an NBER conference held in Cambridge, May 5-6, 1989. |
| Descripción Física: | 1 online resource (ix, 343 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and indexes. |
| ISBN: | 9780226355948 0226355942 1282069950 9781282069954 9786612069956 6612069953 |