Collateral Avoids Ponzi Schemes in Incomplete Markets
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- On Ponzi schemes in infinite horizon collateralized economies with default penalties
- scientific article; zbMATH DE number 1642333
- Infinite Horizon Incomplete Markets
- Regulating collateral-requirements when markets are incomplete
- Endogenous debt constraints in collateralized economies with default penalties
Cited in
(34)- Harsh default penalties lead to Ponzi schemes
- Prices and investment with collateral and default
- Financial segmentation and collateralized debt in infinite-horizon economies
- Collateral once again
- Recourse loans and Ponzi schemes
- Recursive equilibrium in Krusell and Smith (1998)
- Asset shortages, liquidity and speculative bubbles
- Equilibrium with limited-recourse collateralized loans
- Endogenous collateral
- Making promises in infinite-horizon economies with default and collateral
- Endogenous debt constraints in collateralized economies with default penalties
- A note on arbitrage and exogenous collateral
- Continuity of marketable payoffs with re-trading
- scientific article; zbMATH DE number 1642333 (Why is no real title available?)
- A frictionless economy with suboptimizing agents
- Intertemporal equilibrium with financial asset and physical capital
- Collateral equilibrium. I: A basic framework
- Regulating collateral-requirements when markets are incomplete
- Securities market theory: possession, repo and rehypothecation
- Harsh default penalties lead to Ponzi schemes: a counterexample
- Long-lived collateralized assets and bubbles
- Dynamic competitive economies with complete markets and collateral constraints
- On Ponzi schemes in infinite horizon collateralized economies with default penalties
- Equilibrium in collateralized asset markets: credit contractions and negative equity loans
- GENERAL AND PARTIAL EQUILIBRIA IN A CONSUMPTION ECONOMY
- Stationary Equilibria in Asset-Pricing Models with Incomplete Markets and Collateral
- Complete markets with bankruptcy risk and pecuniary default punishments
- Capital Growth and Survival Strategies in a Market with Endogenous Prices
- Behavioral arbitrage with collateral and uncertain deliveries
- Wealth transfers and the role of collateral when lifetimes are uncertain
- Collateralized assets and asymmetric information
- The impossibility of effective enforcement mechanisms in collateralized credit markets
- Patents as collateral
- Statistical arbitrage with default and collateral
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