Browsing Working Papers by Subject "Default"

DSpace/Manakin Repository

Browsing Working Papers by Subject "Default"

Sort by: Order: Results:

  • Icon
    Title: Stationary Equilibrium Distributions in Economies with Limited Commitment  Author(s): BROER, Tobias Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Limited commitment to contracts can explain imperfect risk sharing even when individuals have access to complete insurance markets. Past contributions have focused on the resulting cross-sectional distribution of consumption ...
  • Icon
    Title: Does the Good Matter? Evidence on Moral Hazard and Adverse Selection from Consumer Credit Market  Author(s): BICAKOVA, Alena Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Default rates on instalment loans vary with type of the good purchased. Using an Italian dataset of instalment loans between 1995-1999, we first show that the variation persists even after controlling for contract ...