Divergent risk-attitudes and endogenous collateral constraints

DOI10.1016/j.jet.2020.105175zbMath1458.91218OpenAlexW3121701354MaRDI QIDQ1995320

Giuliano Curatola, Ester Faia

Publication date: 23 February 2021

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

Full work available at URL: https://doi.org/10.1016/j.jet.2020.105175

zbMATH Keywords

occasionally binding constraintsrisk-toleranceendogenous debt marginsleverage cycleloss averse borrowers

Mathematics Subject Classification ID

Financial networks (including contagion, systemic risk, regulation) (91G45)

Cites Work

• Do financial professionals behave according to prospect theory? An experimental study
• Behavioral learning equilibria
• Prospect Theory and Asset Prices
• Belief Disagreements and Collateral Constraints
• The Midweight Method to Measure Attitudes Toward Risk and Ambiguity
• A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
• Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
• Equilibrium in a Production Economy with an Income Tax
• Prospect Theory: An Analysis of Decision under Risk
• EQUILIBRIUM ASSET PRICES AND SAVINGS OF HETEROGENEOUS AGENTS IN THE PRESENCE OF INCOMPLETE MARKETS AND PORTFOLIO CONSTRAINTS
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Myopic Loss Aversion and the Equity Premium Puzzle
• Consumption Network Effects
• Common risk factors in the returns on stocks and bonds
• Unnamed Item

This page was built for publication: Divergent risk-attitudes and endogenous collateral constraints