2 papers
econ.TH2024
A General Equilibrium Study of Venture Capitalists' Effort on Entrepreneurship
Liukun Wu
In this paper, I propose a new general equilibrium model that explains stylized facts about venture capitalists' impact on their portfolio firms. Venture capitalists can help incre…
econ.GN2024
Simulation of Public Cash Transfer Programs on US Entrepreneurs' Financing Constraint
Liukun Wu
In this paper, I conduct a policy exercise about how much the introduction of a cash transfer program as large as a Norwegian-sized lottery sector to the United States would affect…