Asset pledgeability and endogenously leveraged bubbles

DOI10.1016/j.jet.2018.06.005zbMath1417.91358OpenAlexW2902761075WikidataQ129628101 ScholiaQ129628101MaRDI QIDQ1622362

Toan Phan, Julien Bengui

Publication date: 19 November 2018

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

Full work available at URL: http://www.cireqmontreal.com/wp-content/uploads/cahiers/07-2018-cah.pdf

zbMATH Keywords

collateralrational bubblescredit poolequilibrium defaulthousehold debt

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50) Credit risk (91G40)

Related Items (4)

Bubbly bailout ⋮ Asset bubbles and frictional intermediation ⋮ Bubbly bitcoin ⋮ Toxic asset bubbles

Cites Work

• Toxic asset bubbles
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• Competitive Pooling: Rothschild-Stiglitz Reconsidered
• Default and Punishment in General Equilibrium1
• Bubbles and Crashes
• Asset Bubbles and Overlapping Generations

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