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The Role of Credit Markets in a Transition Economy with Incomplete Public Information
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In this paper we explore some of the informational problems that constrain the development of credit markets in transition economies. We characterize investment
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In this paper we explore some of the informational problems that constrain the development of credit markets in transition economies. We characterize investment
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During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming ec
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