Joshua Mollner , Markus Baldauf Apr 26,2023
Working Paper No.00096-00
When seeking to trade in over-the-counter markets, institutional investors typically contact only a small number of potential counterparties and limit... Read More
Alberto Martin,Alejandro Van der Gothe,Luc Laeven, Victoria Vanasco , Vladimir Asriyan Nov 15,2023
Working Paper No.00107-01
We show that in a canonical model with heterogeneous entrepreneurs, financial frictions, and an imperfectly elastic supply of capital, a... Read More