Credit risk in general equilibrium
This paper contributes to the literature on default in general equilibrium. Borrowing and lending takes place via a clearing house (bank) which monitors agents and enforces contracts. Our model develops a concept of bankruptcy equilibrium that is a direct generalization of the standard general equil...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Dokumenttyp: | Buch/Monographie Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
Munich
Univ., Center for Economic Studies
2014
|
| Schriftenreihe: | CESifo working paper series Empirical and theoretical methods
4602 |
| In: |
CESifo working papers (4602)
|
| Online-Zugang: |
|
| Verfasserangaben: | Jürgen Eichberger ; Klaus Rheinberger ; Martin Summer |
Search Result 1
Search Result 2
Search Result 3
Search Result 4
Search Result 5
