A finite-life private-information theory of unsecured consumer debt

DOI10.1016/J.JET.2007.01.018MaRDI QIDQ951006zbMATH OpenOpenAlexFDO

Authors Satyajit Chatterjee, Dean Corbae, José-Víctor Ríos-Rull

Publication date 29 October 2008

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

Full work available at URL https://www.philadelphiafed.org/-/media/frbp/assets/working-papers/2007/wp07-14.pdf

zbMATH Keywords

defaultadverse selectioninsurancebankruptcycredit scoreunsecured consumer debt

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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Cites work

• A model of insurance markets with incomplete information
• Monotone Comparative Statics
• Monotone Comparative Statics under Uncertainty

Cited in

(6)

• A Quantitative Theory of Unsecured Consumer Credit with Risk of Default
• Learning and the dynamics of consumer unsecured debt and bankruptcies
• A dynamic model of unsecured credit
• Contract pricing in consumer credit markets
• A quantitative theory of the credit score
• Introduction to monetary and macro economics

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