Borrowing Constraints and Aggregate Economic Activity

From MaRDI portal
Publication:3696811

DOI10.2307/1914155zbMath0576.90018OpenAlexW2055543102MaRDI QIDQ3696811

Laurence Weiss, José Alexandre Scheinkman

Publication date: 1986

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1914155




Related Items (29)

Labor income, borrowing constraints, and equilibrium asset pricesReal indeterminacy and dynamics of asset price bubbles in general equilibriumViable prices in financial markets with solvency constraintsIncomplete markets and derivative assetsIntertemporal equilibrium with financial asset and physical capitalMarkovian equilibrium in infinite horizon economies with incomplete markets and public policyAn existence theorem for the Scheinkman-Weiss economic modelEndogenous cycles in a Stiglitz-Weiss economyFrictional asset markets and the liquidity channel of monetary policyIncomplete markets and the output-inflation tradeoffIntroduction to economic theory of bubblesPartial differential equation models in macroeconomicsBubble economicsOptimal monetary policy with heterogeneous money holdingsMonotone solutions for mean field games master equations: continuous state space and common noiseIncomplete markets, liquidation risk, and the term structure of interest ratesA tractable model of monetary exchange with ex post heterogeneityUnique monetary equilibrium with inflation in a stationary Bewley-Aiyagari modelAsset trading mechanisms and expansionary policyThe dynamics of competitive equilibrium allocations with borrowing constraintsA system of non-linear functional differential equations arising in an equilibrium model of an economy with borrowing constraintsThe welfare cost of inflation under imperfect insuranceBubbles and constraints on debt accumulationIncomplete markets and volatilityInfinite horizon equilibrium with incomplete marketsThe invariant distribution of wealth and employment status in a small open economy with precautionary savingsSome benefits of cyclical monetary policyALTERNATIVE MONETARY POLICIES IN A TURNPIKE ECONOMYInvestment, credit, and endogenous cycles




This page was built for publication: Borrowing Constraints and Aggregate Economic Activity