On the First-Order Approach in Principal-Agent Models with Hidden Borrowing and Lending

is monotone in output. We also investigate a few possibilities of relaxing these requirements.

Year of publication:	2010
Authors:	Koehne, Sebastian ; Pavoni, Nicola ; Abraham, Arpad
Institutions:	Society for Economic Dynamics - SED

Extent:	application/pdf
Series:	2010 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2010 SED Meeting Papers Number 947
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011080614