Over-the-counter trade and the value of assets as collateral

DOI10.1007/S00199-015-0904-9zbMath1367.91138OpenAlexW1688408043MaRDI QIDQ315788

Athanasios Geromichalos, Jiwon Lee, Seungduck Lee, Keita Oikawa

Publication date: 23 September 2016

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

Full work available at URL: http://repec.dss.ucdavis.edu/rails/active_storage/blobs/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBaZz09IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--395757601eec49906c61c23a87f059f8359c547f/14-3.pdf

zbMATH Keywords

collateralliquidityasset pricesmonetary-search modelsover-the-counter markets

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50)

Related Items (2)

A model of the gold standard ⋮ Collateralized borrowing and increasing risk

Cites Work

• Pairwise trade, asset prices, and monetary policy
• Asset liquidity and international portfolio choice
• Collateral equilibrium. I: A basic framework
• Collateral fluctuations in a monetary economy
• Crises and liquidity in over-the-counter markets
• Money and capital as competing media of exchange
• Collateral premia and risk sharing under limited commitment
• DEGREASING THE WHEELS OF FINANCE
• Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons
• Marriage and Class
• Information, Liquidity, Asset Prices, and Monetary Policy
• Credit Markets, Limited Commitment, and Government Debt
• Trading Dynamics with Adverse Selection and Search: Market Freeze, Intervention and Recovery
• Trade Dynamics in the Market for Federal Funds
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Over-the-Counter Markets
• Leaning Against the Wind

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