Equilibrium with limited-recourse collateralized loans created by Juan Pablo Torres-Martínez and Rubén Poblete-Cazenave

By:

Torres-Martinez, Juan Pablo [author]

Contributor(s):

Poblete-Cazenave, Rubén [co author]

Material type: Text

TextSeries: Economic theory ; Volume 53, number 1Berlin: Springer, 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

09382259

Subject(s):

Equilibrium -- Limited-recourse -- Collateralized loans

LOC classification:

HB119 ECO

Online resources:

Click here to access online

Abstract: We address a general equilibrium model with limited-recourse collateralized loans. Borrowers are burden to constitute physical collateral guarantees, which are repossessed in case of default and delivered to the associated lenders. In addition, lenders may receive payments over collateral values, since debtor's wealth (physical and financial) can be garnished when commitments are not fully honored. The reimbursement of resources is proportional to the size of claims

Reviews from LibraryThing.com:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB119 ECO (Browse shelf(Opens below))	vol. 53, no. 1 (pages 181-212)	SP21288	Not for loan	For in house use
Journal Article	Main Library - Special Collections	HB119 ECO (Browse shelf(Opens below))	Vol. 53, no.1 (pages 181-212)	SP21035	Not for loan	For in house use

Browsing Main Library shelves, Shelving location: - Special Collections Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	HB119 ECO Imperfect recognizability and coexistence of money and higher-return assets	HB119 ECO The welfare effects of pre-arrangements in matching markets	HB119 ECO A theory of perceived discrimination	HB119 ECO Equilibrium with limited-recourse collateralized loans	HB119 ECO Spatial inequality, globalization, and footloose capital	HB119 ECO Cobb-Douglas preferences under uncertainty	HB119 ECO Risk sharing and retrading in incomplete markets	Next

We address a general equilibrium model with limited-recourse collateralized loans. Borrowers are burden to constitute physical collateral guarantees, which are repossessed in case of default and delivered to the associated lenders. In addition, lenders may receive payments over collateral values, since debtor's wealth (physical and financial) can be garnished when commitments are not fully honored. The reimbursement of resources is proportional to the size of claims

There are no comments on this title.

to post a comment.

here