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Financial Intermediaries as Markets for Firm Assets

✍ Scribed by Luis Araujo; Raoul Minetti

Book ID
111055974
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
191 KB
Volume
117
Category
Article
ISSN
0013-0133

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## Abstract This paper examines the link between development of financial capital markets, old‐security and fertility, when child labour is prevalent. The model demonstrates that when returns from financial capital markets increase, fertility levels and investment in children's schooling are reduce