Search Results - subject:"Collateral Constraints"

Narrow search

Optimal contracts and supply-driven recessions

Candian, Giacomo; Dmitriev, Mikhail - In: Economics letters 197 (2020), pp. 1-4

Persistent link: https://www.econbiz.de/10012511073

The open-economy elb : contractionary monetary easing and the trilemma

Sandri, Damiano; Cavallino, Paolo - 2020

Persistent link: https://www.econbiz.de/10012230157

Financial and fiscal shocks in the great recession and recovery of the Spanish economy

Boscá, José E.; Doménech, Rafael; Ferri, Javier; … - In: European economic review : EER 127 (2020), pp. 1-25

Persistent link: https://www.econbiz.de/10012373011

Debt, equity and the equity price puzzle

Finocchiaro, Daria; Mendicino, Caterina - 2015

We show that in a model with equity and debt financing, the specfication of the borrowing constraint is crucial to generate empirically plausible responses of macro variables and asset prices to financial shocks. The interaction between financial frictions and labor demand, as in Jermann and...

Persistent link: https://www.econbiz.de/10011646672

Credit supply and the housing boom

Justiniano, Alejandro; Primiceri, Giorgio E.; … - 2015

boom to looser borrowing constraints associated with lower collateral requirements. In fact, a slackening of collateral … constraints at the peak of the lending cycle triggers a fall in home prices in our framework, providing a novel perspective on the …

Persistent link: https://www.econbiz.de/10011340978

Household debt and crises of confidence

Hintermaier, Thomas; Koeniger, Winfried - 2015

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence. The house price feeds back on itself by contributing to a liquidity effect, which operates through the value of housing in a collateral constraint. Over a specific range of debt...

Persistent link: https://www.econbiz.de/10011348214

Household Debt and Crises of Confidence

Hintermaier, Thomas; Koeniger, Winfried - 2015

Persistent link: https://www.econbiz.de/10011401681

Household Debt and Crises of Confidence

Hintermaier, Thomas; Koeniger, Winfried - 2015

We show that the size of collateralized household debt determines an economy’s vulnerability to crises of confidence. The house price feeds back on itself by contributing to a liquidity effect, which operates through the value of housing in a collateral constraint. Over a specific range of...

Persistent link: https://www.econbiz.de/10011434947

Collateralized borrowing and increasing risk

Phelan, Gregory - 2015

Persistent link: https://www.econbiz.de/10011333118

Credit supply and the housing boom

Primiceri, Giorgio; Tambalotti, Andrea; Justiniano, … - Federal Reserve Bank of New York - 2015

Persistent link: https://www.econbiz.de/10011160730

A service of the

zbw