Caballero is from MIT and NBER, and Krishnamurthy is from Northwestern University. Caballero thanks the NSF for financial support. We thank Philip Bond, Guillermo Calvo, Bengt Holmstrom, Hugo Hopenhayn, Nisan Langberg, Adriano Rampini, Jean Tirole, and an anonymous referee for comments. We also thank seminar participants at Lacea's Summer Camp in Buenos Aires, MIT, and the University of Rome conference on Information and Business Cycles for comments. We thank Sandra Moore for editorial assistance. All errors are our own.
Excessive Dollar Debt: Financial Development and Underinsurance
Version of Record online: 21 MAR 2003
© 2003 the American Finance Association
The Journal of Finance
Volume 58, Issue 2, pages 867–893, April 2003
How to Cite
Caballero, R. J. and Krishnamurthy, A. (2003), Excessive Dollar Debt: Financial Development and Underinsurance. The Journal of Finance, 58: 867–893. doi: 10.1111/1540-6261.00549
- Issue online: 21 MAR 2003
- Version of Record online: 21 MAR 2003
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