Liquidity Flows and Fragility of Business Enterprises
收藏NBER1999-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7057
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资源简介：
This paper considers the efficiency of financial intermediation and the propagation of business cycle shocks in a model of long-term relationships between entrepreneurs and lenders lenders may be constrained in their short-run access to liquidity. When liquidity is low, relationships are subject to
提供机构：
美国国家经济研究局
创建时间：
1999-03-01
