Credit Cycles Redux

By J. C. Cordoba, Marla Ripoll. 2004

178 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ad3b73b727d324e506f3d5f31fba9bc312c44fe4

Citations in the corpus

• Aggregate Consequences of Limited Contract Enforceability (2004, unknown): “A similar conclusion is reached by Cordoba and Ripoll (in press).”
• The Role of Debt and Equity Finance Over the Business Cycle (2012, unknown): “Cordoba and Ripoll (2004) show that if one relaxes those assumptions the effects are quantitatively important only for empirically implausible values.”
• Managing credit booms and busts: A Pigouvian taxation approach (2019, unknown): “Borrower i maximizes his utility under the budget constraint where a i , t is the borrower’s holdings of the collateral asset at the beginning of period t and p t is its price; w i , t is his financial wealth in the form of bond holdings at the start of period t ; y t is total income in period t and…”
• Macroeconomics with Financial Frictions: A Survey (2012, unknown): “Cordoba and Ripoll ( 2004 ) argue that a capital share close to one will also not generate quantitatively significant effects .”
• Credit Risk and Disaster Risk (2013, unknown): “The model remains highly tractable and intuitive, which allows to evaluate the role of defaultable debt and leverage choice on quantities and prices in a transparent fashion.”
• The New Economics of Prudential Capital Controls: A Research Agenda (2011, unknown): “We also exclude issues of time consistency, such as those studied as a rationale for prudential regulation in Fahri and Tirole (2011). Secondly, we focus on prudential capital controls rather than other forms of macroprudential regulation.”
• Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity (2011, unknown): “The model gives rise to a rich distribution of firms over idiosyncratic productivity, capital, and financial assets.”