Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1947 |
DP1947 Contagion and Trade: Why are Currency Crises Regional | |
Andrew Rose; Reuven Glick | |
发表日期 | 1998-08-31 |
出版年 | 1998 |
语种 | 英语 |
摘要 | Venture capitalists provide risk capital and valuable monitoring services that are essential for the success of upstart companies. The financial sector?s expertise in monitoring investment proposals may increase with the accumulated experience in funding such projects. In the other direction, the productivity gains from learning lower the cost of venture capital finance and reinforce start-up investment. Since learning depends on aggregate investment, the effect is external to individual agents. The paper demonstrates how the nature of the externality depends on the state of financial sector development, and how the appropriate tax/subsidy policy should be tailored to it. |
主题 | Financial Economics |
关键词 | Corrective subsidies Externalities Financial sector development Up-start investment |
URL | https://cepr.org/publications/dp1947 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531081 |
推荐引用方式 GB/T 7714 | Andrew Rose,Reuven Glick. DP1947 Contagion and Trade: Why are Currency Crises Regional. 1998. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Andrew Rose]的文章 |
[Reuven Glick]的文章 |
百度学术 |
百度学术中相似的文章 |
[Andrew Rose]的文章 |
[Reuven Glick]的文章 |
必应学术 |
必应学术中相似的文章 |
[Andrew Rose]的文章 |
[Reuven Glick]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。