• Title of article

    Efficient allocations with moral hazard and hidden borrowing and lending: A recursive formulation

  • Author/Authors

    ?rp?d ?brah?m، نويسنده , , Nicola Pavoni، نويسنده ,

  • Issue Information
    فصلنامه با شماره پیاپی سال 1998
  • Pages
    23
  • From page
    781
  • To page
    803
  • Keywords
    Moral hazardHidden savingsEfficiencyRecursive contractsFirst-order approachEx post verification
  • Journal title
    Review of Economic Dynamics
  • Serial Year
    1998
  • Journal title
    Review of Economic Dynamics
  • Record number

    156528