Publications of Ron Anderson

This paper solves for a firm’s optimal cash holding policy within a continuous time, contingent claims framework that has been extended to incorporate...

We study a continuous time model of a levered firm with fixed assets generating a cash flow which fluctuates with business conditions. Since external...

We study the relation of financial development and the pace of technological advance in a dynamic agency theoretic model. A firm which is financed by...

This paper considers the impact of financial contracting on growth by exploring a model where entrepreneurs initially do R&D but subsequently need...