Overborrowing, Financial Crises And ‘Macro-Prudential' Policy?
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| Originally published | February 2011 |
| Authors | Javier Bianchi |
| Enrique G. Mendoza | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2180351 |
About Overborrowing, Financial Crises And ‘Macro-Prudential' Policy?
This paper studies overborrowing, financial crises and macro-prudential policy in an equilibrium model of business cycles and asset prices with collateral constraints. . . .