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Cited by 273

The DOI matches its Crossref record; 29 of the 29 references it cites were found in a registry or an index.

The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle

Open access
Berger, Allen N., Udell, Gregory F.·1998·Finance and Economics Discussion Series
DOI 10.17016/feds.1998.15
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Abstract

We examine the economics of financing small business in private equity and debt markets. Firms are viewed through a financial growth cycle paradigm in which different capital structures are optimal at different points in the cycle. We show the sources of small business finance,and how capital structure varies with firm size and age. The interconnectedness of small firm finance is discussed along with the impact of the macroeconomic environment. We also analyze a number of research and policy issues, review the literature, and suggest topics for future research.

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Metadata

Authors
Berger, A. N., & Udell, G. F.
Venue
Finance and Economics Discussion Series
Publisher
Board of Governors of the Federal Reserve System
Published
1998-04
Volume
1998.0
Issue
15
Pages
1-69
ISSN
1936-2854 (ISSN-L)
DOI
10.17016/feds.1998.15
OpenAlex
W4300648447
Cited by
273
References
29
FWCI
5.38
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle. https://app.cochat.ai/papers/10.17016/feds.1998.15
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Berger, A. N., & Udell, G. F. (1998). The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle. Finance and Economics Discussion Series. https://doi.org/10.17016/feds.1998.15

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.