Macroeconomic Models with Equity and Credit Rationing

Bruce C. Greenwald & Joseph E. Stiglitz
Published Date
Copyright 1990
ISBN 0-226-35585-3
Book: Asymmetric Information, Corporate Finance, and Investment
Book editor: R. Glenn Hubbard
PUBLISHER: University of Chicago Press
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Macroeconomic Models with Equity and Credit Rationing
- Working Paper
This paper presents a simple, general equilibrium macroeconomic model incorporating financial constraints, both credit...

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