Liquidity of secondary capital markets: Allocative efficiency and the maturity composition of the capital stock

DOI10.1007/BF01212180zbMath0840.90029OpenAlexW2001198129MaRDI QIDQ1906024

Ross M. Starr, Bruce D. Smith, Valerie R. Bencivenga

Publication date: 4 July 1996

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01212180

zbMATH Keywords

allocation of productive capitalliquid financial marketslong gestation capital investments

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (1)

Financial markets in development, and the development of financial markets

Cites Work

• Transactions costs, technological choice, and endogenous growth
• On semigroups of functions on topological spaces
• Bank Runs, Deposit Insurance, and Liquidity

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