Multiple equilibria in open economies with collateral constraints
Year of publication: |
2021
|
---|---|
Authors: | Schmitt-Grohé, Stephanie ; Uribe, Martín |
Published in: |
The review of economic studies : RES. - Oxford : Oxford Univ. Pr., ISSN 1467-937X, ZDB-ID 2009656-2. - Vol. 88.2021, 2, p. 969-1001
|
Subject: | Pecuniary externalities | Collateral constraints | Multiple equilibria | Sudden stop | Overborrow-ing | Underborrowing | Self-fulfilling financial crises | Capital controls | Kreditsicherung | Collateral | Kapitalverkehrskontrolle | Finanzkrise | Financial crisis | Offene Volkswirtschaft | Open economy | Kapitalmobilität | Capital mobility | Liquiditätsbeschränkung | Liquidity constraint | Gleichgewichtstheorie | Equilibrium theory | Externer Effekt | Externalities | Sunspots | Kleine offene Volkswirtschaft | Small open economy | Schwellenländer | Emerging economies |
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