Browsing Tesis de Master by Author "Ostolozaga Falcón, Ibai"
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Earnings-based vs assets-based borrowing constraints and their impact on output
Ostolozaga Falcón, Ibai (2020)We present an overlapping generations model in order to assess the quantitative effects of financial frictions on output depending on the type of loan contract. Financial frictions are one of the major obstacles of the ...