Gabriella Chiesa
Titoli dell'autore
Safe Assets, Collateral Premium and Sovereign Bond Spreads
digital
Year:
2018
This paper analyses the interactions between the financial and the real sector in an environment where liquidity holdings is an input of the credit/investment process. The supply of liquidity is constrained in that income pledgeability limits inside liquidity, and not all sovereign debt is safe/liquid...
€ 6.00
Economic crises, what we learn from history and economic theory
digital
Year:
2014
This paper analyses the current crisis by reconstructing the main stylized facts and the economic ideas mainly based on contemporary credit theory...
€ 6.00
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