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Decision criteria for business firms

DREZE, J.H. - Center for Operations Research and Econometrics (CORE), …

Persistent link: https://www.econbiz.de/10010694480

Decision criteria for business firms

DREZE, J.H. - Center for Operations Research and Econometrics (CORE), …

Persistent link: https://www.econbiz.de/10010926600

Sustainable debt

Bloise, G.; Polemarchakis, H.; Vailakis, Y. - In: Theoretical Economics 16 (2021) 4, pp. 1513-1555

We show that debt is sustainable at a competitive equilibrium based solely on the reputation for repayment; that is, even without collateral or legal sanctions available to creditors. In an incomplete asset market, when the rate of interest falls recurrently below the rate of growth of the...

Persistent link: https://www.econbiz.de/10012810923

Asset shortages, liquidity and speculative bubbles

Bloise, Gaetano; Citanna, Alessandro - In: Journal of economic theory 183 (2019), pp. 952-990

Persistent link: https://www.econbiz.de/10012131430

Sovereign debt and incentives to default with uninsurable risks

Bloise, Gaetano; Polemarchakis, Heraklis M.; Vailakis, … - In: Theoretical economics : TE ; journal of the Econometric … 12 (2017) 3, pp. 1121-1154

Persistent link: https://www.econbiz.de/10011753075

An argument for positive nominal interest

Bloise, Gaetano; Polemarchakis, Heraklis M. - In: Sunspots and non-linear dynamics : essays in honor of …, (pp. 363-385). 2017

Persistent link: https://www.econbiz.de/10011850415

Convex dynamic programming with (bounded) recursive utility

Bloise, Gaetano; Vailakis, Yiannis - In: Journal of economic theory 173 (2018), pp. 118-141

Persistent link: https://www.econbiz.de/10011941617

Indeterminacy of competitive equilibrium with risk of default

Bloise, Gaetano; Reichlin, Pietro; Tirelli, Mario - 2009

Persistent link: https://www.econbiz.de/10003902913

Long-term public debt and the fiscal theory of the price level

Bloise, Gaetano; Reichlin, Pietro - 2006

Persistent link: https://www.econbiz.de/10003292856

Asset prices, debt constraints and inefficiency

Bloise, Gaetano; Reichlin, Pietro - 2008

Persistent link: https://www.econbiz.de/10003704641

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