Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited

Martin Uribe Stephanie Schmitt-Grohe

No 03/2018, NCID Working Papers from Navarra Center for International Development, University of Navarra

Keywords: Pecuniary externalities; Collateral constraints; Overborrowing; Underborrowing; Financial crises; Capital controls (search for similar items in EconPapers)
JEL-codes: E44 F41 G01 H23 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2018
New Economics Papers: this item is included in nep-dge, nep-mac and nep-opm
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nva:unnvaa:wp03-2018

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