Overborrowing and systemic externalities in the business cycle Bianchi, Javier

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Author
Bianchi, Javier
Appears In
Federal Reserve Bank of Atlanta, Working Paper Series
Subjects
Debt management -- Research; Business cycles -- Forecasts and trends; Externalities (Economics) -- Forecasts and trends
Audience
Academic; Trade
Summary
Working Paper 2009-24 September 2009 Abstract: Credit constraints that link a private agent's debt to market-determined prices embody a credit externality that drives a wedge between comp ...
Bookmark
http://trove.nla.gov.au/work/98480
Work ID
98480

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