The impact of financial intermediaries on stationary interest rates

成果类型:
Article
署名作者:
Prechac, C
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.0046
发表日期:
1996
页码:
211-217
关键词:
摘要:
We introduce a financial intermediary into the stationary OLG model and investigate the efficiency of the selection procedure based on the maximisation of its commisions. (C) 1996 Academic Press, Inc.