Financial Contracting with Enforcement Externalities
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DOI: https://doi.org/10.21799/frbp.wp.2018.21
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- Drozd, Lukasz A. & Serrano-Padial, Ricardo, 2018. "Financial contracting with enforcement externalities," Journal of Economic Theory, Elsevier, vol. 178(C), pages 153-189.
- Ricardo Serrano-Padial & Lukasz Drozd, 2015. "Financial Contracting with Enforcement Externalities," 2015 Meeting Papers 1362, Society for Economic Dynamics.
- Lukasz A. Drozd & Ricardo Serrano-Padial, 2016. "Financial contracting with enforcement externalities," Working Papers 16-1, Federal Reserve Bank of Philadelphia.
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Citations
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Cited by:
- Liang Dai & Dan Luo & Ming Yang, 2024. "Disclosure of Bank-Specific Information and the Stability of Financial Systems," The Review of Financial Studies, Society for Financial Studies, vol. 37(4), pages 1315-1367.
- Alexandre, Michel & Silva, Thiago Christiano & Michalak, Krzysztof & Rodrigues, Francisco Aparecido, 2023.
"Does the default pecking order impact systemic risk? Evidence from Brazilian data,"
European Journal of Operational Research, Elsevier, vol. 309(3), pages 1379-1391.
- Michel Alexandre & Thiago Christiano Silva & Krzysztof Michalak & Francisco A. Rodrigues, 2021. "Does Default Pecking Order Impact Systemic Risk? Evidence from Brazilian data," Working Papers Series 557, Central Bank of Brazil, Research Department.
- Fabio Schiantarelli & Massimiliano Stacchini & Philip E. Strahan, 2020.
"Bank Quality, Judicial Efficiency, and Loan Repayment Delays in Italy,"
Journal of Finance, American Finance Association, vol. 75(4), pages 2139-2178, August.
- Fabio Schiantarelli & Massimiliano Stacchini & Philip E. Strahan, 2016. "Bank Quality, Judicial Efficiency and Loan Repayment Delays in Italy," Boston College Working Papers in Economics 901, Boston College Department of Economics, revised 01 Sep 2019.
- Toshihiko Mukoyama & Latchezar Popov, 2020.
"Industrialization and the evolution of enforcement institutions,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(3), pages 745-788, April.
- Latchezar Popov & Toshihiko Mukoyama, 2015. "Industrialization and the Evolution of Enforcement Institutions," 2015 Meeting Papers 1275, Society for Economic Dynamics.
- Krause, Andreas, 2022. "Strategic default and optimal audit resources with costly state verification," Research in Economics, Elsevier, vol. 76(4), pages 413-421.
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More about this item
Keywords
contract enforcement; default spillovers; credit crunch; credit cycles; global games; heterogeneity;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2018-10-29 (Banking)
- NEP-GTH-2018-10-29 (Game Theory)
- NEP-MIC-2018-10-29 (Microeconomics)
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