Showing 1 - 10 of 1,423
Persistent link: https://www.econbiz.de/10004921874
We study rollover risk and collateral value in a dynamic asset pricing model with endogenous debt financing by extending the framework of Geanakoplos (2009) with a generic binomial tree and time-varying heterogeneous beliefs. Optimistic borrowers face rollover risk if the belief dispersion...
Persistent link: https://www.econbiz.de/10013108308
We study rollover risk and collateral value in a dynamic asset pricing model with endogenous debt financing by extending the framework of Geanakoplos (2009) with a generic binomial tree and time-varying heterogeneous beliefs. Optimistic borrowers face rollover risk if the belief dispersion...
Persistent link: https://www.econbiz.de/10012460724
Persistent link: https://www.econbiz.de/10003359308
Persistent link: https://www.econbiz.de/10004884505
Persistent link: https://www.econbiz.de/10000121803
Persistent link: https://www.econbiz.de/10003806659
Persistent link: https://www.econbiz.de/10009412668
Persistent link: https://www.econbiz.de/10009295829
Persistent link: https://www.econbiz.de/10011413153