Robust bubbles with mild penalties for default

DOI10.1016/j.jmateco.2015.04.002zbMath1368.91153OpenAlexW3125149972MaRDI QIDQ306754

Florin Bidian

Publication date: 1 September 2016

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2015.04.002

zbMATH Keywords

bubblesrisk-sharingendogenous debt limitsinside liquidityoutside liquidityself-enforcing debt

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items

Introduction to economic theory of bubbles. II, Portfolio constraints, differences in beliefs and bubbles, Martingale properties of self-enforcing debt

Cites Work

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