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本文创新性地从信息摩擦角度解释了借贷关系空间分布。企业通过策略性选择远距离银行来增加贷款人的信息生产成本,从而在信息不敏感型合约下获得更大规模的贷款。理论模型预测,高质量企业倾向于选择远距离借贷,而低质量企业则在本地银行通过信息敏感型合同借贷。基于中 ...
BEIJING, May 23 (Xinhua) -- Chinese Premier Li Qiang on Friday presided over a State Council executive meeting, which approved an action plan for advancing the green and low-carbon development of ...
BEIJING, May 29 (Xinhua) -- China has recently unveiled a guideline aimed at improving the system for market-based allocation of resources and environmental factors, amid the country's efforts to ...