Default recovery rates and aggregate fluctuations

DOI10.1016/j.jedc.2020.104011zbMath1475.91335OpenAlexW2987322459MaRDI QIDQ2246750

Giacomo Candian, Mikhail Dmitriev

Publication date: 16 November 2021

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://coss.fsu.edu/econpapers/wpaper/wp2019_09_01.pdf

zbMATH Keywords

financial frictionsrecovery ratesfinancial acceleratorliquidation costs

Mathematics Subject Classification ID

Financial markets (91G15)

Cites Work

• Slow recoveries: any role for corporate leverage?
• Using simulation methods for bayesian econometric models: inference, development,and communication
• Bayes Factors
• Bayesian Analysis of DSGE Models