Entrepreneurship and Financial Frictions: a Macro-Development Perspective
40 Pages Posted: 20 Apr 2015 Last revised: 5 Mar 2023
Date Written: April 2015
Abstract
We review both the theoretical and empirical literature on entrepreneurship and financial frictions, with an emphasis on the heterogeneous and dynamic micro-level implications of financial frictions for macro development.
Suggested Citation: Suggested Citation
Buera, Francisco J. and Kaboski, Joseph P. and Shin, Yongseok, Entrepreneurship and Financial Frictions: a Macro-Development Perspective (April 2015). NBER Working Paper No. w21107, Available at SSRN: https://ssrn.com/abstract=2596436
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