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SAVINGS, CAPITAL GAINS, AND RISK-TAKING: TOWARD AN ENTREPRENEURIAL THEORY OF GROWTH

Authors

  • David P. Goldman

    1. is a Managing Director at Bear, Stearns and Co.
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      Professor Robert Mundell of Columbia University read an earlier draft of this paper and made numerous helpful suggestions. Reuven Brenner, REPAP Professor of Business at McGill University, aided my understanding of these issues in many conversations, and made numerous helpful suggestions for this paper. My colleague Evan Kalimtgis at Bear, Stearns and Co. provided indispensable assistance in the empirical formulation and testing of these ideas, as well as important insight into many areas of theory.


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