Savings and default

DOI10.1007/S00199-012-0722-2zbMATH Open1298.91179OpenAlexW2021244205MaRDI QIDQ372376FDOQ372376

Authors: M. Udara Peiris, Alexandros P. Vardoulakis 

Publication date: 7 October 2013

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

Full work available at URL: https://doi.org/10.1007/s00199-012-0722-2

Recommendations

• Default and aggregate income
• The truth about defaults
• Liquidity constraints and precautionary saving
• Default and determinacy under quantitative easing
• Precautionary saving under many risks
• Savings, asset scarcity, and monetary policy
• The vanishing savings motive
• Disastrous Defaults

zbMATH Keywords

creditdefaultprecautionary savingsendogenous contractsuninsurable risk

Mathematics Subject Classification ID

Credit risk (91G40)

Cites Work

• Bank Runs, Deposit Insurance, and Liquidity
• Efficiency, Equilibrium, and Asset Pricing with Risk of Default
• Reexamination of the perfectness concept for equilibrium points in extensive games
• Financial Intermediation and Delegated Monitoring
• Default and Punishment in General Equilibrium1
• Collateral premia and risk sharing under limited commitment
• Non-commitment and savings in dynamic risk-sharing contracts
• A model to analyse financial fragility
• Collateral restrictions and liquidity under-supply: a simple model
• Equilibrium analysis, banking and financial instability.
• Self-fulfilling crises with default and devaluation
• Liquidity and asset prices in rational expectations equilibrium with ambiguous information
• Equilibrium asset prices with undiversifiable labor income risk
• The optimal bankruptcy rule in a trading economy using fiat money
• No-arbitrage, state prices and trade in thin financial markets
• More punishment, less default?
• Ambiguity aversion and trade

Cited In (11)

• Strategic default in the international coffee market
• Implied savings accounts are unique
• Consumer default with complete markets: default-based pricing and finite punishment
• The effects of credit subsidies on development
• Determination of general equilibrium with incomplete markets and default penalties
• The effect of the central bank's standing facilities on interbank lending and bank liquidity holding
• Default and aggregate income
• CREDIT, DEFAULT, AND OPTIMAL HEALTH INSURANCE
• Disastrous Defaults
• Monetary transaction costs and the term premium
• The productivity cost of sovereign default: evidence from the European debt crisis

This page was built for publication: Savings and default

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q372376)