Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10008652040
Persistent link: https://www.econbiz.de/10008652041
Persistent link: https://www.econbiz.de/10008652042
Persistent link: https://www.econbiz.de/10008652043
Persistent link: https://www.econbiz.de/10008652045
Persistent link: https://www.econbiz.de/10008652046
Persistent link: https://www.econbiz.de/10008652047
Persistent link: https://www.econbiz.de/10008652049
We study a two periods model of incomplete markets with nominal assets unsecured by collateral, where agents can go bankrupt but there are no bankruptcy penalties entering directly in the utility function. We address two cases: first, a proportional reimbursement rule under bounded short sales...
Persistent link: https://www.econbiz.de/10005753223
Persistent link: https://www.econbiz.de/10005596772