FINANCIAL INTERMEDIATION, ENTREPRENEURSHIP AND ECONOMIC GROWTH

Preprint OPEN
Wenli Cheng;
(2007)
  • Subject: financial intermediation, entrepreneurship, economic growth
    • jel: jel:G21 | jel:D90 | jel:O40

This paper presents a simple general equilibrium model of financial intermediation, entrepreneurship and economic growth. In this model, the role of financial intermediation is to pool savings and to lend the pooled funds to an entrepreneur, who in turn invests the fund... View more
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