Collateral amplification under complete markets

DOI10.1016/J.JEDC.2014.05.015zbMATH Open1402.91174OpenAlexW3121214188MaRDI QIDQ1994591FDOQ1994591

Kalin Nikolov

Publication date: 1 November 2018

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

Full work available at URL: http://hdl.handle.net/10419/154149

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zbMATH Keywords

amplificationcollateral constraints

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Title not available (Why is that?)
• Efficient allocations with hidden income and hidden storage
• Collateral constraints and the amplification mechanism.

Cited In (10)

• Default and exogenous collateral in incomplete markets with a continuum of states
• Collateral constraints and the amplification mechanism.
• Collateral once again
• Optimal contracts and supply-driven recessions
• Credit markets with moral hazard and heterogeneous valuations of collateral
• A Theory of Collateral for the Lender of Last Resort*
• Collateral in banking policy: on the possibility of signaling
• Equilibrium with limited-recourse collateralized loans
• Rothschild/Stiglitz dominance and (in)compatibility of collateral in the presence of ex ante hidden information
• The impossibility of effective enforcement mechanisms in collateralized credit markets

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