Financial Safety Nets
收藏NBER2016-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22594
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资源简介：
In this paper, we study the optimal design of financial safety nets under limited private credit. We ask when it is optimal to restrict ex ante the set of investors that can receive public liquidity support ex post. When the government can commit, the optimal safety net covers all investors.
提供机构：
美国国家经济研究局
创建时间：
2016-09-01
