Chained financial contracts and global banks

DOI10.1016/j.econlet.2015.02.004zbMath1321.91120MaRDI QIDQ500497

Paul Luk

Publication date: 5 October 2015

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2015.02.004

zbMATH Keywords

banks; chained credit contracts; financial accelerators

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

91B74: Economic models of real-world systems (e.g., electricity markets, etc.)

91G40: Credit risk

91G99: Actuarial science and mathematical finance

Cites Work

• Optimal contracts and competitive markets with costly state verification