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The role of human capital in economic development evidence from aggregate cross-country data

Benhabib, Jess; Spiegel, Mark M. - In: Journal of Monetary Economics 34 (1994) 2, pp. 143-173

Persistent link: https://www.econbiz.de/10005180479

Heterogeneity in bank valuation of LDC debt: Evidence from the 1988 Brazilian debt-reduction program

Demirguc-Kunt, Ash; Diwan, Ishac; Spiegel, Mark M. - In: Journal of Monetary Economics 39 (1997) 3, pp. 535-550

Persistent link: https://www.econbiz.de/10005180607

Are buybacks back? Menu-driven debt reduction schemes with heterogeneous creditors

Diwan, Ishac; Spiegel, Mark M. - In: Journal of Monetary Economics 34 (1994) 2, pp. 279-293

Persistent link: https://www.econbiz.de/10005182885

Indeterminacy and sector-specific externalities

Benhabib, Jess; Farmer, Roger E. A. - In: Journal of Monetary Economics 37 (1996) 3, pp. 421-443

Persistent link: https://www.econbiz.de/10005182839

Indeterminacy, aggregate demand, and the real business cycle

Benhabib, Jess; Wen, Yi - In: Journal of Monetary Economics 51 (2004) 3, pp. 503-530

Persistent link: https://www.econbiz.de/10005182899

Financial constraints, endogenous markups, and self-fulfilling equilibria

Benhabib, Jess; Wang, Pengfei - In: Journal of Monetary Economics 60 (2013) 7, pp. 789-805

Self-fulfilling equilibria and indeterminacy can easily arise in a simple financial accelerator model with reasonable parameter calibrations and without increasing returns in production. A key feature for generating indeterminacy in our model is the countercyclical markup due to the procyclical...

Persistent link: https://www.econbiz.de/10010719004