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TYING YOURSELF TO THE MAST: PAINFUL DEBT AS A ...
https://www.cerf.cam.ac.uk/files/media/niermann_tying_yourself_to_the_mast.pdf19 Jun 2024: On the theory side, I develop these results in a stochastic general equilibrium model frame-work with an endogenous debt portfolio choice. ... I extend the framework by Cole & Kehoe(2000). In my model, the government can make an endogenous choice about -
Start-up Financing, Entry and Innovation Charles ParryUniversity of…
https://www.cerf.cam.ac.uk/files/media/start_up_financing_entry_and_innovation.pdf19 Jun 2024: For now, Vs is treated as exogenous - it is made endogenous in the next subsection. ... The endogenous flow of entry is then Vs/σ̃. Equilibrium conditions. At present, the equilibrium objects Vd, Vs, V M and (ς, ω) are determined forany given meeting -
TYING YOURSELF TO THE MAST: PAINFUL DEBT AS A ...
https://www.cerf.cam.ac.uk/sites/www.cerf.cam.ac.uk/files/media/niermann_tying_yourself_to_the_mast.pdf19 Jun 2024: On the theory side, I develop these results in a stochastic general equilibrium model frame-work with an endogenous debt portfolio choice. ... I extend the framework by Cole & Kehoe(2000). In my model, the government can make an endogenous choice about
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