This paper shows that, with pre-set price and capital decisions of firms facing uncertainty and credit rationing, price, mark up and the expected degree of capacity utilization (resp. capital) increases (resp. decreases) with the firm internal net worth.
Jean-Bernard Chatelain
June 2001
Classification JEL : D42, D24, G32
Keywords : Capital, markup, credit rationing
Updated on: 06/12/2018 11:09