Outside versus inside bonds: A Modigliani-Miller type result for liquidity constrained economies

Aleksander Berentsen, Christopher Waller. Outside versus inside bonds: A Modigliani-Miller type result for liquidity constrained economies. J. Economic Theory, 146(5):1852-1887, 2011. [doi]

@article{BerentsenW11,
  title = {Outside versus inside bonds: A Modigliani-Miller type result for liquidity constrained economies},
  author = {Aleksander Berentsen and Christopher Waller},
  year = {2011},
  doi = {10.1016/j.jet.2011.06.016},
  url = {http://dx.doi.org/10.1016/j.jet.2011.06.016},
  researchr = {https://researchr.org/publication/BerentsenW11},
  cites = {0},
  citedby = {0},
  journal = {J. Economic Theory},
  volume = {146},
  number = {5},
  pages = {1852-1887},
}