Author

Chong Huang

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PIER Working Paper 11-021

Chong Huang, Nageeb Ali, David Dillenberger et al. · 0 citations

Jul 2026

Information Asymmetry at Debt Rollover and Startup Loans

This paper investigates the optimal design of information disclosure at debt rollover to maximize an entrepreneur’s ex ante borrowing capacity and social welfare. We develop a model where an entrepreneur secures a startup loan for project experimentation and must refinance for production. Borrowing capacity is limited...

Chong Huang, Fei Li, Hai-Bo Xu · Management Sciences · 0 citations