Collateral constraints and the amplification mechanism.

DOI10.1016/S0022-0531(03)00098-XzbMath1043.91027MaRDI QIDQ1406469

Arvind Krishnamurthy

Publication date: 4 September 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

Incomplete marketsInsuranceLiquidityFinancial crisesCredit market imperfectionsInterest rate swaps

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (6)

Collateral premia and risk sharing under limited commitment ⋮ Optimal contracts and supply-driven recessions ⋮ Collateral amplification under complete markets ⋮ Resolution of financial crises ⋮ Bank assets, liquidity and credit cycles ⋮ Collateral and the efficiency of monetary policy

Cites Work

• Endogenous cycles in a Stiglitz-Weiss economy
• A Theory of Debt Based on the Inalienability of Human Capital

This page was built for publication: Collateral constraints and the amplification mechanism.