
Antunes, A., Cavalcanti, T. V. D. and Villamil, A.
Costly intermediation and consumption smoothing
Economic Inquiry
Vol. 51(1) pp. 459–472 (2013)
Abstract: This paper studies quantitatively how intermediation costs affect household consumption loans and welfare.
JEL Codes: D91, E60, G38
Author links: Tiago Cavalcanti
Publisher's Link: http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7295.2012.00471.x/abstract