Similar Search Results

Collateral avoids Ponzi schemes in incomplete markets

Araújo, Aloísio Barboza de (contributor); … - In: Econometrica : journal of the Econometric Society, an … 70 (2002) 4, pp. 1613-1638

Persistent link: https://www.econbiz.de/10001688098

Endogenous collateral

Araújo, Aloísio Barboza de (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002166301

New applications of general equilibrium to finance : default and collateral

Araújo, Aloisio Pessoa de; Páscoa, Mário Rui - In: Frontiers in applied general equilibrium modeling : in …, (pp. 151-171). 2005

Persistent link: https://www.econbiz.de/10002860304

Securities market theory : possession, repo and rehypothecation

Bottazzi, Jean-Marc; Luque, Jaime; Páscoa, Mário Rui - In: Journal of economic theory 147 (2012) 2, pp. 477-500

Persistent link: https://www.econbiz.de/10009663698

Harsh default penalties lead to Ponzi schemes

Páscoa, Mário Rui; Seghir, Abdelkrim - In: Games and economic behavior 65 (2009) 1, pp. 270-286

Persistent link: https://www.econbiz.de/10003811719

Equilibrium with default and endogenous collateral

Araújo, Aloísio Barboza de; Orrillo, Jaime; Páscoa, … - In: Mathematical finance : an international journal of … 10 (2000) 1, pp. 1-21

Persistent link: https://www.econbiz.de/10002177101

Recourse loans and Ponzi schemes

Páscoa, Mário Rui; Seghir, Abdelkrim - In: Economic theory : official journal of the Society for … 70 (2020) 2, pp. 527-550

Persistent link: https://www.econbiz.de/10012306317

Collateral, Default Penalties and Infinite Horizon Equilibrium

Pascoa, Mario - 2012

P ascoa and Seghir (2009) noticed that when collateralized promises become subject to utility penalties on default, Ponzi schemes may occur. However, equilibrium exists in some interesting cases. Under low penalties, equilibrium exists if the collateral does not yield utility (for example, when...

Persistent link: https://www.econbiz.de/10013103926