The Maturity Rat Race
收藏NBER2010-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16607
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资源简介:
We develop a model of endogenous maturity structure for financial institutions that borrow from multiple creditors. We show that a maturity rat race can occur: an individual creditor can have an incentive to shorten the maturity of his own loan to the institution, allowing him to adjust his
提供机构:
美国国家经济研究局
创建时间:
2010-12-01



