Narrow search
Showing 1 - 10 of 12,941
Cover Image
Collateral constraints and asset prices
Chabakauri, Georgy; Han, Brandon Yueyang - In: Journal of financial economics 138 (2020) 3, pp. 754-776
Persistent link: https://www.econbiz.de/10012653137
Cover Image
Collateralization and asset price bubbles when investors disagree about risk
Broer, Tobias; Kero, Afroditi - In: Journal of banking & finance 128 (2021), pp. 1-15
Persistent link: https://www.econbiz.de/10012821680
Cover Image
Do credit market imperfections justify a central bank's response to asset price fluctuations?
Nutahara, Kengo - In: Journal of economic dynamics & control 61 (2015), pp. 81-94
Persistent link: https://www.econbiz.de/10011589069
Cover Image
Two monetary tools : interest rates and haircuts
Ashcraft, Adam B.; Garleanu, Nicolae; Pedersen, Lasse Heje - 2010
Persistent link: https://www.econbiz.de/10008667420
Cover Image
On the neutrality of credit-driven asset bubbles
Reicher, Christopher Phillip - 2011
output comes from an unusual regime. -- Bubbles ; fiscal theory of the price level ; collateral constraints ; neutrality …This paper proposes and tests a theory of credit-driven asset bubbles which are neutral in their real effects. When a … lender such as a government, central bank, or banking sector is willing to lend infinitely against collateral, explosive …
Persistent link: https://www.econbiz.de/10008904609
Cover Image
Three essays on sovereign default and collateral constraints
Grill, Michael - 2011
Persistent link: https://www.econbiz.de/10009377300
Cover Image
Two monetary tools : interest rates and haircuts
Ashcraft, Adam B.; Garleanu, Nicolae; Pedersen, Lasse Heje - In: NBER macroeconomics annual 25 (2010), pp. 143-208
Persistent link: https://www.econbiz.de/10009155273
Cover Image
Debt, equity and the equity price puzzle
Finocchiaro, Daria; Mendicino, Caterina - 2015
financial frictions and labor demand, as in Jermann and Quadrini (2012), is key to the result. A collateral constraint a la …
Persistent link: https://www.econbiz.de/10011410405
Cover Image
Two Monetary Tools : Interest Rates and Haircuts
Ashcraft, Adam B. - 2010
We study a production economy with multiple sectors financed by issuing securities to agents who face capital constraints. Binding capital constraints propagate business cycles, and a reduction of the interest rate can increase the required return of high-haircut assets since it can increase the...
Persistent link: https://www.econbiz.de/10013138470
Cover Image
Two Monetary Tools : Interest Rates and Haircuts
Ashcraft, Adam - 2010
We study a production economy with multiple sectors financed by issuing securities to agents who face capital constraints. Binding capital constraints propagate business cycles, and a reduction of the interest rate can increase the required return of high-haircut assets since it can increase the...
Persistent link: https://www.econbiz.de/10012462319