id	sid	tid	token	lemma	pos
x633dz04p80	1	1	this	this	DET
x633dz04p80	1	2	dissertation	dissertation	NOUN
x633dz04p80	1	3	consists	consist	VERB
x633dz04p80	1	4	of	of	ADP
x633dz04p80	1	5	three	three	NUM
x633dz04p80	1	6	essays	essay	NOUN
x633dz04p80	1	7	.	.	PUNCT
x633dz04p80	2	1	the	the	DET
x633dz04p80	2	2	first	first	ADJ
x633dz04p80	2	3	chapter	chapter	NOUN
x633dz04p80	2	4	studies	study	NOUN
x633dz04p80	2	5	a	a	DET
x633dz04p80	2	6	firm	firm	NOUN
x633dz04p80	2	7	's	's	PART
x633dz04p80	2	8	collateral	collateral	ADJ
x633dz04p80	2	9	choice	choice	NOUN
x633dz04p80	2	10	and	and	CCONJ
x633dz04p80	2	11	debt	debt	NOUN
x633dz04p80	2	12	composition	composition	NOUN
x633dz04p80	2	13	in	in	ADP
x633dz04p80	2	14	a	a	DET
x633dz04p80	2	15	partial	partial	ADJ
x633dz04p80	2	16	equilibrium	equilibrium	NOUN
x633dz04p80	2	17	setting	setting	NOUN
x633dz04p80	2	18	of	of	ADP
x633dz04p80	2	19	the	the	DET
x633dz04p80	2	20	credit	credit	NOUN
x633dz04p80	2	21	market	market	NOUN
x633dz04p80	2	22	.	.	PUNCT
x633dz04p80	3	1	the	the	DET
x633dz04p80	3	2	model	model	NOUN
x633dz04p80	3	3	that	that	PRON
x633dz04p80	3	4	combines	combine	VERB
x633dz04p80	3	5	the	the	DET
x633dz04p80	3	6	costly	costly	ADJ
x633dz04p80	3	7	state	state	NOUN
x633dz04p80	3	8	verification	verification	NOUN
x633dz04p80	3	9	model	model	NOUN
x633dz04p80	3	10	and	and	CCONJ
x633dz04p80	3	11	collateral	collateral	ADJ
x633dz04p80	3	12	constraints	constraint	NOUN
x633dz04p80	3	13	suggests	suggest	VERB
x633dz04p80	3	14	that	that	SCONJ
x633dz04p80	3	15	the	the	DET
x633dz04p80	3	16	credit	credit	NOUN
x633dz04p80	3	17	market	market	NOUN
x633dz04p80	3	18	favors	favor	VERB
x633dz04p80	3	19	the	the	DET
x633dz04p80	3	20	type	type	NOUN
x633dz04p80	3	21	of	of	ADP
x633dz04p80	3	22	debt	debt	NOUN
x633dz04p80	3	23	that	that	PRON
x633dz04p80	3	24	mitigates	mitigate	VERB
x633dz04p80	3	25	the	the	DET
x633dz04p80	3	26	credit	credit	NOUN
x633dz04p80	3	27	frictions	friction	NOUN
x633dz04p80	3	28	more	more	ADV
x633dz04p80	3	29	efficiently	efficiently	ADV
x633dz04p80	3	30	.	.	PUNCT
x633dz04p80	4	1	according	accord	VERB
x633dz04p80	4	2	to	to	ADP
x633dz04p80	4	3	the	the	DET
x633dz04p80	4	4	model	model	NOUN
x633dz04p80	4	5	,	,	PUNCT
x633dz04p80	4	6	the	the	DET
x633dz04p80	4	7	observed	observed	ADJ
x633dz04p80	4	8	long	long	ADJ
x633dz04p80	4	9	-	-	PUNCT
x633dz04p80	4	10	term	term	NOUN
x633dz04p80	4	11	trends	trend	NOUN
x633dz04p80	4	12	in	in	ADP
x633dz04p80	4	13	the	the	DET
x633dz04p80	4	14	us	us	PROPN
x633dz04p80	4	15	credit	credit	NOUN
x633dz04p80	4	16	market	market	NOUN
x633dz04p80	4	17	can	can	AUX
x633dz04p80	4	18	be	be	AUX
x633dz04p80	4	19	explained	explain	VERB
x633dz04p80	4	20	by	by	ADP
x633dz04p80	4	21	a	a	DET
x633dz04p80	4	22	steady	steady	ADJ
x633dz04p80	4	23	improvement	improvement	NOUN
x633dz04p80	4	24	of	of	ADP
x633dz04p80	4	25	uncollateralized	uncollateralized	ADJ
x633dz04p80	4	26	lending	lending	NOUN
x633dz04p80	4	27	in	in	ADP
x633dz04p80	4	28	mitigating	mitigate	VERB
x633dz04p80	4	29	financial	financial	ADJ
x633dz04p80	4	30	frictions	friction	NOUN
x633dz04p80	4	31	.	.	PUNCT
x633dz04p80	5	1	the	the	DET
x633dz04p80	5	2	empirical	empirical	ADJ
x633dz04p80	5	3	and	and	CCONJ
x633dz04p80	5	4	narrative	narrative	ADJ
x633dz04p80	5	5	evidence	evidence	NOUN
x633dz04p80	5	6	supports	support	VERB
x633dz04p80	5	7	the	the	DET
x633dz04p80	5	8	arguments	argument	NOUN
x633dz04p80	5	9	.	.	PUNCT
x633dz04p80	6	1	the	the	DET
x633dz04p80	6	2	second	second	ADJ
x633dz04p80	6	3	chapter	chapter	NOUN
x633dz04p80	6	4	compares	compare	VERB
x633dz04p80	6	5	the	the	DET
x633dz04p80	6	6	two	two	NUM
x633dz04p80	6	7	approaches	approach	NOUN
x633dz04p80	6	8	that	that	PRON
x633dz04p80	6	9	model	model	NOUN
x633dz04p80	6	10	uncollateralized	uncollateralized	ADJ
x633dz04p80	6	11	lending	lending	NOUN
x633dz04p80	6	12	,	,	PUNCT
x633dz04p80	6	13	the	the	DET
x633dz04p80	6	14	costly	costly	ADJ
x633dz04p80	6	15	state	state	NOUN
x633dz04p80	6	16	verification	verification	NOUN
x633dz04p80	6	17	and	and	CCONJ
x633dz04p80	6	18	earnings	earning	NOUN
x633dz04p80	6	19	-	-	PUNCT
x633dz04p80	6	20	based	base	VERB
x633dz04p80	6	21	borrowing	borrowing	NOUN
x633dz04p80	6	22	constraints	constraint	NOUN
x633dz04p80	6	23	,	,	PUNCT
x633dz04p80	6	24	under	under	ADP
x633dz04p80	6	25	the	the	DET
x633dz04p80	6	26	same	same	ADJ
x633dz04p80	6	27	general	general	ADJ
x633dz04p80	6	28	equilibrium	equilibrium	NOUN
x633dz04p80	6	29	settings	setting	NOUN
x633dz04p80	6	30	.	.	PUNCT
x633dz04p80	7	1	the	the	DET
x633dz04p80	7	2	similarity	similarity	NOUN
x633dz04p80	7	3	in	in	ADP
x633dz04p80	7	4	equilibrium	equilibrium	NOUN
x633dz04p80	7	5	conditions	condition	NOUN
x633dz04p80	7	6	and	and	CCONJ
x633dz04p80	7	7	implied	imply	VERB
x633dz04p80	7	8	dynamics	dynamic	NOUN
x633dz04p80	7	9	suggest	suggest	VERB
x633dz04p80	7	10	the	the	DET
x633dz04p80	7	11	earnings	earning	NOUN
x633dz04p80	7	12	-	-	PUNCT
x633dz04p80	7	13	based	base	VERB
x633dz04p80	7	14	constraint	constraint	NOUN
x633dz04p80	7	15	with	with	ADP
x633dz04p80	7	16	the	the	DET
x633dz04p80	7	17	excess	excess	ADJ
x633dz04p80	7	18	return	return	NOUN
x633dz04p80	7	19	specification	specification	NOUN
x633dz04p80	7	20	could	could	AUX
x633dz04p80	7	21	be	be	AUX
x633dz04p80	7	22	a	a	DET
x633dz04p80	7	23	useful	useful	ADJ
x633dz04p80	7	24	approximation	approximation	NOUN
x633dz04p80	7	25	of	of	ADP
x633dz04p80	7	26	the	the	DET
x633dz04p80	7	27	costly	costly	ADJ
x633dz04p80	7	28	state	state	NOUN
x633dz04p80	7	29	verification	verification	NOUN
x633dz04p80	7	30	.	.	PUNCT
x633dz04p80	8	1	the	the	DET
x633dz04p80	8	2	third	third	ADJ
x633dz04p80	8	3	chapter	chapter	NOUN
x633dz04p80	8	4	examines	examine	VERB
x633dz04p80	8	5	the	the	DET
x633dz04p80	8	6	heterogeneous	heterogeneous	ADJ
x633dz04p80	8	7	response	response	NOUN
x633dz04p80	8	8	of	of	ADP
x633dz04p80	8	9	foreign	foreign	ADJ
x633dz04p80	8	10	exchange	exchange	NOUN
x633dz04p80	8	11	rates	rate	NOUN
x633dz04p80	8	12	to	to	ADP
x633dz04p80	8	13	the	the	DET
x633dz04p80	8	14	global	global	ADJ
x633dz04p80	8	15	temperature	temperature	NOUN
x633dz04p80	8	16	shocks	shock	NOUN
x633dz04p80	8	17	under	under	ADP
x633dz04p80	8	18	the	the	DET
x633dz04p80	8	19	incomplete	incomplete	ADJ
x633dz04p80	8	20	market	market	NOUN
x633dz04p80	8	21	assumption	assumption	NOUN
x633dz04p80	8	22	.	.	PUNCT