Search Results - subject:"Collateral constraints"

The inverted leading indicator property and redistribution effect of the interest rate

Pintus, Patrick A.; Wen, Yi; Xing, Xiaochuan - 2016

Persistent link: https://www.econbiz.de/10011647263

Securitization and aggregate investment efficiency

Mirza, Afrasiab; Stephens, Eric - 2016

This paper studies the welfare properties of competitive equilibria in an economy with incomplete markets subject to idiosyncratic and aggregate shocks. We focus on the role of securitization, whereby borrowers can reduce idiosyncratic asset risk, which enables increased leverage and investment....

Persistent link: https://www.econbiz.de/10012010374

Financial market imperfections and labour market outcomes

Sepahsalari, Alireza - 2016

Persistent link: https://www.econbiz.de/10012171864

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

Monetary policy, credit markets, and banks : a DSGE perspective

Rubio, Margarita - In: Economics letters 195 (2020), pp. 1-4

Persistent link: https://www.econbiz.de/10012510069

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

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

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