Credit rationing or entrepreneurial risk aversion? A comment
Author
dc.contributor.author
Bonilla Meléndez, Claudio
Author
dc.contributor.author
Vergara, Marcos
es_CL
Admission date
dc.date.accessioned
2014-01-27T20:04:40Z
Available date
dc.date.available
2014-01-27T20:04:40Z
Publication date
dc.date.issued
2013
Cita de ítem
dc.identifier.citation
Economics Letters 120 (2013) 329–331
en_US
Identifier
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doi: 10.1016/j.econlet.2013.05.008
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/128619
General note
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Artículo de publicación ISI
en_US
Abstract
dc.description.abstract
Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to
DARA preferences. We show however that the required property is prudence, and prudence is consistent
with DARA, IARA or CARA.