Banking and Insurance
收藏NBER1984-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1312
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资源简介：
This paper studies the economic role of financial institutions in economies where agents' incomes are subject to privately observable, idiosyncratic random events. The information structure precludes conventional insurance arrangements. However, a financial institution -- perhaps best viewed as a
提供机构：
美国国家经济研究局
创建时间：
1984-03-01
