Liquidity and the Threat of Fraudulent Assets
收藏NBER2011-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17500
下载链接
链接失效反馈官方服务：
资源简介：
We study an over-the-counter (OTC) market with bilateral meetings and bargaining where the usefulness of assets, as means of payment or collateral, is limited by the threat of fraudulent practices. We assume that agents can produce fraudulent assets at a positive cost, which generates endogenous
提供机构：
美国国家经济研究局
创建时间：
2011-10-01
