Sökning: "Simon Gilchrist"

Hittade 1 avhandling innehållade orden Simon Gilchrist.

1. 1. Credit and Finance in the Macroeconomy

   Författare :Giovanni Favara; Torsten Persson; Simon Gilchrist; Stockholms universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; credit; finance; macroeconomy; Economics; Nationalekonomi;

   Sammanfattning : Agency Costs, Net Worth and Endogenous Business Fluctuations. This essay proposes a theory of endogenous business fluctuations. A central tenet of the theory is that investment decisions depend upon entrepreneurs' incentive to exert effort and investors' incentive to control entrepreneurs. LÄS MER