Aggregate consequences of dynamic credit relationships
Sign Up to like & getrecommendations! Published in 2018 at "Review of Economic Dynamics"
DOI: 10.1016/j.red.2017.12.001
Abstract: Which financial frictions matter in the aggregate? This paper presents a general equilibrium model in which entrepreneurs finance a firm with a long-term contract. The contract is constrained efficient because firm revenue is costly to… read more here.
Keywords: contract; consequences dynamic; moral hazard; aggregate consequences ... See more keywords
An Improved Spectrum Trading Design Based on Dynamic Credit Aggregate-Signature Blockchain
Sign Up to like & getrecommendations! Published in 2023 at "IEEE Wireless Communications Letters"
DOI: 10.1109/lwc.2023.3237012
Abstract: At present, the number of incoming devices and mobile data traffic has seen explosive growth, and spectrum resources are difficult to meet the increasing demand. The traditional centralized spectrum management model suffers from low spectrum… read more here.
Keywords: trading; spectrum trading; credit aggregate; dynamic credit ... See more keywords