Financing Asset Growth
نویسندگان
چکیده
منابع مشابه
Debt Financing in Asset Markets
The widely used short-term debt such as overnight repos and commercial paper is regarded as one of the main sources of instability leading to the distress of many nancial institutions during the nancial crisis of 2007-2008. What explains the popularity of shortterm debt in nancing asset market investments? Geanakoplos (2010) presents a dynamic model of the joint equilibrium of asset markets ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2308909