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}, }