Markus Baldauf Joshua Mollner May 17,2024
Working Paper No.00096-01
When seeking to trade in over-the-counter markets, institutional investors typically restrict both the number of potential counterparties they contact and... Read More
Published: Journal of Political Economy, 2024, 132(5), 1603-1641Alberto 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