Home People Emeriti Publications Publications 1977 All years 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1983 1982 1981 1980 1977 1975 All genres Journal Article (1) Journal Article (1) 1977 Journal Article Hellwig, M. (1977). A Model of Borrowing and Lending with Bankruptcy. Econometrica, 45, 1879–1906 MPG.PuRe