Volatile capital flows and financial integration: the role of moral hazard

DOI10.1016/J.JET.2018.03.009zbMath1419.91498OpenAlexW2794562190MaRDI QIDQ1757566

George Vachadze, Tomoo Kikuchi, John Stachurski

Publication date: 15 January 2019

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

Full work available at URL: http://hdl.handle.net/1885/143600

zbMATH Keywords

cyclesmoral hazardcapital flowsfinancial integration

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (2)

Financial market globalization, nonconvergence and credit cycles ⋮ Capital requirements and growth in an open economy

Cites Work

• Revisiting the model of credit cycles with good and bad projects
• Moral-hazard credit cycles with risk-averse agents
• Financial liberalization: poverty trap or chaos
• Financial integration, entrepreneurial risk and global dynamics
• Chaotic dynamics in credit constrained emerging economies
• Capital market imperfections, international credit markets, and nonconvergence
• Optimal debt contracts and moral hazard along the business cycle
• Credit market imperfection, financial market globalization, and catastrophic transition
• Endogenous inequality and fluctuations in a two-country model
• Occupational Choice and Dynamic Incentives
• Dualism and Macroeconomic Volatility
• Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations

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