Found 2 article(s) for author 'Accelerator'

Investment Hangover and the Great Recession

Investment Hangover and the Great Recession. Andrei Shleifer, July 1, 2015, Paper. “We present a model of investment hangover motivated by the Great Recession. In our model, overbuilding of residential capital requires a reallocation of productive resources to nonresidential sectors, which is facilitated by a reduction in the real interest rate. If the fall in the interest rate is limited by the zero lower bound and nominal rigidities, then the economy enters a liquidity trap with limited reallocation and low output. The drop in output reduces nonresidential investment through a mechanism similar to the acceleration principle of investment…” Link

Tags: , , , , , , , , , , ,

Entrepreneurial Finance in Finland?

Entrepreneurial Finance in Finland? William R. Kerr, March 2013, Case. “This case describes a new venture attempting to bring early-stage entrepreneurial financing to Finland and other Nordic countries. Entrepreneurship is taking off in Finland, an area that historically has had little venture capital or high-growth start-up activity, but a gap remains for seed-stage financing. The founders are evaluating the best way to structure their private equity fund to reflect their own assets and abilities and the needs and resources of the entrepreneurial scene in the Nordics…” May require purchase or user account. Link Verified October 11, 2014

Tags: , , , , , , , , , , , , , , , , ,