Financial Capacity, Reliquification, and Production in an Economy with Long-Term Financial Arrangements
收藏NBER1988-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2763
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资源简介：
This paper characterizes a multi-period production economy in which borrowers and lenders enter long-term financial contracts. A key feature is that aggregate production and borrowers' capacity to absorb debt -- their "financial capacity" - are jointly determined endogenous variables, in the spirit
提供机构：
美国国家经济研究局
创建时间：
1988-11-01
