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Self-Fulfilling Credit Market Freezes

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NBER2010-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16031
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资源简介:
This paper develops a model of a self-fulfilling credit market freeze and uses it to study alternative governmental responses to such a crisis. We study an economy in which operating firms are interdependent, with their success depending on the ability of other operating firms to obtain financing.
提供机构:
美国国家经济研究局
创建时间:
2010-05-01
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