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
Keywords :
Moral hazardHidden savingsEfficiencyRecursive contractsFirst-order approachEx post verification
Journal title :
Review of Economic Dynamics
Journal title :
Review of Economic Dynamics