Ennis, Huberto M.; Keister, Todd - In: Journal of Economic Theory 144 (2009) 5, pp. 1996-2020
We study the Green-Lin model of financial intermediation [E.J. Green, P. Lin, Implementing efficient allocations in a model of financial intermediation, J. Econ. Theory 109 (2003) 1-23] under a more general specification of the distribution of types across agents. We derive the efficient...