Bubbly Liquidity
收藏NBER2011-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w16750
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资源简介:
This paper analyzes the possibility and the consequences of rational bubbles in a dy- namic economy where financially constrained firms demand and supply liquidity. Bub- bles are more likely to emerge, the scarcer the supply of outside liquidity and the more limited the pledgeability of corporate
提供机构:
美国国家经济研究局
创建时间:
2011-01-01



