Credit rationing or entrepreneurial risk aversion? A comment

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 2
Pages: 329-331

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:2:p:329-331
Journal Field
General
Author Count
2
Added to Database
2026-01-24