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Gold, liquidity and secured loans in a multistage economy

Author

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  • Martin Shubik
  • Shontan Yao

Abstract

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Suggested Citation

  • Martin Shubik & Shontan Yao, 1990. "Gold, liquidity and secured loans in a multistage economy," Journal of Economics, Springer, vol. 52(1), pages 1-23, February.
  • Handle: RePEc:kap:jeczfn:v:52:y:1990:i:1:p:1-23
    DOI: 10.1007/BF01227499
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    References listed on IDEAS

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    1. Pradeep Dubey & John Geanakoplos & Martin Shubik, 2000. "Default in a General Equilibrium Model with Incomplete Markets," Cowles Foundation Discussion Papers 1247, Cowles Foundation for Research in Economics, Yale University.
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    Cited by:

    1. Ioannis Karatzas & Martin Shubik & William D. Sudderth, 1997. "A Stochastic Infinite-Horizon Economy with Secured Lending, or Unsecured Lending and Bankruptcy," Cowles Foundation Discussion Papers 1156, Cowles Foundation for Research in Economics, Yale University.

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