Adverse Selection and Self-fulfilling Business Cycles
收藏NBER2014-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20642
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资源简介：
We introduce a simple adverse selection problem arising in credit markets into a standard textbook real business cycle model. There is a continuum of households and a continuum of anonymous producers who produce the final goods from intermediate goods. These producers do not have the resources to
提供机构：
美国国家经济研究局
创建时间：
2014-11-01
