Financial integration, entrepreneurial risk and global dynamics

DOI10.1016/J.JET.2011.02.001zbMATH Open1246.91159OpenAlexW2026673569MaRDI QIDQ548238FDOQ548238

Authors: George-Marios Angeletos, Vasia Panousi 

Publication date: 28 June 2011

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

Full work available at URL: http://hdl.handle.net/1721.1/101257

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zbMATH Keywords

entrepreneurshipincomplete marketsidiosyncratic riskfinancial integrationcapital-account liberalizationcurrent-account deficitsglobal imbalances

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Financial applications of other theories (91G80)

Cites Work

• Capital market imperfections, international credit markets, and nonconvergence
• Title not available (Why is that?)
• The Elusive Gains from International Financial Integration
• Endogenous market incompleteness with investment risks
• Uninsured idiosyncratic production risk with borrowing constraints

Cited In (11)

• Information and inequality
• International investment in a model of stochastic growth and development traps
• Introduction to incompleteness and uncertainty in economics
• Volatile capital flows and financial integration: the role of moral hazard
• International capital flows in the model with limited commitment and incomplete markets
• Incomplete market dynamics and cross-sectional distributions
• Financial integration, credit market imperfections and consumption smoothing
• Capital income jumps and wealth distribution
• Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations
• Financial liberalization: poverty trap or chaos
• Financial integration, savings gluts, and asset price booms

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