Martingale properties of self-enforcing debt
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Publication:496867
DOI10.1007/s00199-014-0832-0zbMath1367.91186OpenAlexW3121445878MaRDI QIDQ496867
Publication date: 22 September 2015
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://mpra.ub.uni-muenchen.de/36609/1/MPRA_paper_36609.pdf
Related Items (7)
Robust bubbles with mild penalties for default ⋮ Bubbles and trading in incomplete markets ⋮ Rational asset pricing bubbles and debt constraints ⋮ Portfolio constraints, differences in beliefs and bubbles ⋮ Defaulting firms and systemic risks in financial networks: a normative approach ⋮ Martingale properties of self-enforcing debt ⋮ On the sovereign debt paradox
Cites Work
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- Credit risk in general equilibrium
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- Education and growth with endogenous debt constraints
- Optimal education policies under endogenous borrowing constraints
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- Debt Constrained Asset Markets
- Rational Asset Pricing Bubbles
- Efficiency, Equilibrium, and Asset Pricing with Risk of Default
- Martingales and Stochastic Integrals
- Bubbles and Self-Enforcing Debt
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