387hw2anssp07 - Homework #2 Answers - Due 2/13/07 See...

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Economics 387. Dynamic Contracts. Spring 2007. Department of Economics, University of Texas Instructor: Dean Corbae, BRB 3.134A, (o) 512-475-8530 email: corbae@eco.utexas.edu, web: www.eco.utexas.edu/˜corbae
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Unformatted text preview: Homework #2 Answers - Due 2/13/07 See Stephen Williamson (1987) Costly Monitoring, Loan Contracts, and Equilibrium Credit Rationing, Quarterly Journal of Economics , p.135-45. 1...
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