Financial Centrality and Liquidity Provision
收藏NBER2018-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24406
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资源简介：
We study an endowment economy in which agents face income risk, as if uncertain returns on a portfolio, and agents can only make transfers in states when they are actively participating in the market. Besides income risk, agents also have limited and stochastic market access, with a probability
提供机构：
美国国家经济研究局
创建时间：
2018-03-01
