Arbeitspapier

A theory of banks, bonds, and the distribution of firm size

We draw on stylized facts from the finance literature to build a model where altering the relative costs of bank and bond financing changes the entire distribution of firm size, with implications for the aggregate capital stock, output, and welfare.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 09-16

Classification
Wirtschaft
Subject
Unternehmensfinanzierung
Bank
Kreditgeschäft
Rentenmarkt
Transaktionskosten
Betriebsgröße
Welt

Event
Geistige Schöpfung
(who)
Russ, Katheryn N.
Valderrama, Diego
Event
Veröffentlichung
(who)
University of California, Department of Economics
(where)
Davis, CA
(when)
2009

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Russ, Katheryn N.
  • Valderrama, Diego
  • University of California, Department of Economics

Time of origin

  • 2009

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