Financial Market Imperfections and Business Cycles
收藏NBER1988-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2494
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资源简介：
This paper develops a simple model of macroeconomic behavior which incorporates the impact of financial market "imperfections," such as those generated by asymmetric information in financial markets. These information asymmetries may lead to breakdowns in markets, like that for equity, in which
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美国国家经济研究局创建时间：
1988-01-01
