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Sobre la existencia de renta compartida bajo restricción de liquidez ex-post

Author

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  • Carlos Daniel Ruiz Pérez

    (Division of Economics, CIDE)

Abstract

Hasta hace tiempo se creía que los contratos de arrendamiento óptimos sujetos a restricción de liquidez ex-post serían sólo de renta fija porque para el terrateniente es óptimo ofrecerle al arrendatario todo el incentivo (la cosecha) para que haga esfuerzo alto y que lo lleve a alta producción incluso en el peor estado de la naturaleza. Sin embargo, este documento demuestra, con un modelo de riesgo moral donde el arrendatario realiza múltiples tareas, que el efecto de sustitución de esfuerzo ayuda a explicar renta compartida incluso bajo restricción de liquidez ex-post.

Suggested Citation

  • Carlos Daniel Ruiz Pérez, 2011. "Sobre la existencia de renta compartida bajo restricción de liquidez ex-post," Undergraduate theses (Spanish) tesl002, CIDE, División de Economía.
    • Handle: RePEc:emc:tunder:tesl002
    as

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    File URL: http://www.economiamexicana.cide.edu/RePEc/emc/pdf/tunder/TESL002.pdf
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    References listed on IDEAS

    as
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