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between banks and depositors may lead to endogenous bank fragility and default, associated with a.

project in. Endogenous Financial Networks: Efficient Modularity and Why Shareholders Prevent It (joint with.

information production is endogenous. When the production of information is not affected by. ... exogenous (dotted line) and for the case where α is endogenous (solid line).

Amount Awarded n/a. Project Abstract This paper develops a model of how global macroeconomic conditions affect sovereign bond valuation when debt and default policies are endogenous.

In other words, the informational content of news is endogenous, but whether one hears any news is not.

imperfectly informed investors, together with an endogenous influx of new investors,.

endogenous variables in the equilibrium. Proposition 2. There exists a unique equilibrium with σB1 = 0 if and only.

empirical support that while the endogenous decision to adopt a poison pill is negatively. ... firms more exposed to endogenous uncertainty and with important stakeholder relationships.

imperfectly informed investors, together with an endogenous influx of new investors,. ... Finally, the model also. allows for gradual endogenous investor inflows that greatly amplify predicted price.

endogenous debt servicing cost, our model predicts lower optimal debt levels than those. ... endogenous debt servicing costs such that the firm would never default on this debt.