Search Results - subject:"Limited commitment"

Inside money, business cycle, and bank capital requirements

Park, Jaevin - In: Review of economic dynamics 36 (2020), pp. 103-121

Persistent link: https://www.econbiz.de/10012652771

Robust contracts with one-sided commitment

Niu, Yingjie; Yang, Jinqiang; Zou, Zhentao - In: Journal of economic dynamics & control 117 (2020), pp. 1-14

Persistent link: https://www.econbiz.de/10012503324

On the cardinality of the message space in sender-receiver games

Heumann, Tibor - In: Journal of mathematical economics 90 (2020), pp. 109-118

Persistent link: https://www.econbiz.de/10012800797

Optimal self-financing microfinance contracts when borrowers have risk aversion and limited commitment

Fujimoto, Junichi; Lee, Junsang - In: Journal of mathematical economics 91 (2020), pp. 60-79

Persistent link: https://www.econbiz.de/10012801328

Optimal sustainable intergenerational insurance

Lancia, Francesco; Russo, Alessia; Worrall, Tim S - 2020 - This revision 27 December 2021

Persistent link: https://www.econbiz.de/10012796865

Unions in a frictional labor market

Rudanko, Leena; Krusell, Per - 2015

Persistent link: https://www.econbiz.de/10012171697

Mediated audits

Pollrich, Martin - 2015

offering a menu of contracts. The analysis provides a proper benchmark for studying auditing under limited commitment and sheds …

Persistent link: https://www.econbiz.de/10011285322

Posterior renegotiation-proofness in a two-person decision problem

Kawakami, Kei - 2015

Persistent link: https://www.econbiz.de/10011339212

Monetary policy with asset-backed money

Andolfatto, David; Berentsen, Aleksander; Waller, … - 2015

We study the use of asset-backed money in a neoclassical growth model with illiquid capital. A mechanism is delegated control of productive capi- tal and issues claims against the revenue it earns. These claims constitute a form of asset-backed money. The mechanism determines (i) the number of...

Persistent link: https://www.econbiz.de/10011287031

Limited commitment and the demand for money in the UK

Berentsen, Aleksander; Huber, Samuel; Marchesiani, … - 2015

on money market deposits. We calibrate the model to U.K. data and show that limited commitment significantly improves the … fit between the theoretical money demand function and the data. Limited commitment can also explain the "liquidity trap …In the United Kingdom, money demand deviates from the convex relationship suggested by monetary theory. Limited …

Persistent link: https://www.econbiz.de/10011290818