Incomplete markets and non-default borrowing constraints increase the volatility of pricing kernels and are helpful when addressing assetpricing puzzles. However, ruling out default when markets are in complete is suboptimal. ...

The present study intends to analyze the linguistic phenomenon of lexical borrowing in the Chicano novel Caramelo: or Puro Cuento (2002) by Sandra Cisneros. The insertions that Cisneros makes in italics throughout the novel ...

The ability to provide financial assistance along with its role as auditor and guarantor of economic programs provides the International Monetary Fund (imf) with an important power resource when intervening countries that ...

This article attempts to provide a general approach to the exceptional language contact situation that took place in Argentina from the end of the 19th century until the first decades of the 20th century, in which an ...

This paper analytically solves a heterogeneous agent model with idiosyncratic shocks to marginal utility of consumption and explores the effects of the borrowing constraint on the price of the asset, the composition of ...

This academic paper covers the subject of the build-borrow-or-buy framework and its use in international business. The multinational companies use the build-borrow-or-buy framework to know if a company, which has the intend ...

This article examines the propositions that wealth inequality supports credit market segmentation and that the financial system may reproduce economic inequality. Specifically, we discuss how the sources of credit and the ...