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Browsing ECO Articles by Author "ABRAHAM, Arpad"
Now showing items 1-2 of 2
Title:Endogenous Trading Constraints with Incomplete Asset Markets
Author(s):ABRAHAM, Arpad; CARCELES-POVEDA, EvaDate:2010Type of Publication:ArticleAbstract:This paper endogenizes the borrowing constraints on capital in a production economy with incomplete markets. We find that these limits get looser with income, a property that is consistent with US data on credit limits. ...