Tor Einarsson (contributor); Marquis, Milton H. (contributor) - 2000 - [Elektronische Ressource]
literature by introducing a bond
market that allows for nonintermediated loans directly from households to firms, and ex-
amines … competitive
bond (or commercial paper) market is introduced that represents a nonintermediated, di-
rect lending channel from … additional features of the economy that significantly affect asset allocations: a bond
market, a market for reproducible capital …