Macroeconomic Models with Equity and Credit Rationing
Published Date
Copyright 1990
ISBN 0226355853
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Copy CitationBruce C. Greenwald and Joseph E. Stiglitz, Asymmetric Information, Corporate Finance, and Investment (University of Chicago Press, 1990), chap. 1, https://www.nber.org/books-and-chapters/asymmetric-information-corporate-finance-and-investment/macroeconomic-models-equity-and-credit-rationing.
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Working Paper
This paper presents a simple, general equilibrium macroeconomic model incorporating financial constraints, both credit...
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