FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3121689787> ?p ?o ?g. }

• W3121689787 endingPage "72" @default.
• W3121689787 startingPage "32" @default.
• W3121689787 abstract "We propose a general equilibrium framework with financial intermediaries subject to endogenous leverage constraints, and assess its ability to explain the observed fluctuations in intermediary leverage and real economic activity. In the model, intermediaries (“banks”) borrow in the form of short-term risky debt. The presence of risk-shifting moral hazard gives rise to a leverage constraint, and creates a link between the volatility in bank asset returns and leverage. Unlike TFP or capital quality shocks, volatility shocks produce empirically plausible fluctuations in bank leverage. The model replicates well the fall in leverage, assets, and GDP during the 2007–2009 financial crisis. (JEL D82, E44, G01, G21, G32)" @default.
• W3121689787 created "2021-02-01" @default.
• W3121689787 creator A5009039725 @default.
• W3121689787 creator A5052298479 @default.
• W3121689787 date "2017-04-01" @default.
• W3121689787 modified "2023-09-29" @default.
• W3121689787 title "Bank Leverage Cycles" @default.
• W3121689787 cites W2002402728 @default.
• W3121689787 cites W2014962525 @default.
• W3121689787 cites W2044687704 @default.
• W3121689787 cites W2111199279 @default.
• W3121689787 cites W2115657206 @default.
• W3121689787 cites W2123931028 @default.
• W3121689787 cites W2141857487 @default.
• W3121689787 cites W2144836007 @default.
• W3121689787 cites W2157722270 @default.
• W3121689787 cites W2752617332 @default.
• W3121689787 cites W3121467050 @default.
• W3121689787 cites W3121630491 @default.
• W3121689787 cites W3122053548 @default.
• W3121689787 cites W3123499721 @default.
• W3121689787 cites W3123842146 @default.
• W3121689787 cites W3124112311 @default.
• W3121689787 cites W3124114405 @default.
• W3121689787 cites W3124258798 @default.
• W3121689787 cites W3124273275 @default.
• W3121689787 cites W3124605046 @default.
• W3121689787 cites W3124982262 @default.
• W3121689787 cites W3125036907 @default.
• W3121689787 cites W3125744792 @default.
• W3121689787 cites W3126113144 @default.
• W3121689787 cites W4236584637 @default.
• W3121689787 cites W4238874844 @default.
• W3121689787 cites W4241680058 @default.
• W3121689787 cites W4254090008 @default.
• W3121689787 doi "https://doi.org/10.1257/mac.20140084" @default.
• W3121689787 hasPublicationYear "2017" @default.
• W3121689787 type Work @default.
• W3121689787 sameAs 3121689787 @default.
• W3121689787 citedByCount "22" @default.
• W3121689787 countsByYear W31216897872016 @default.
• W3121689787 countsByYear W31216897872017 @default.
• W3121689787 countsByYear W31216897872018 @default.
• W3121689787 countsByYear W31216897872019 @default.
• W3121689787 countsByYear W31216897872020 @default.
• W3121689787 countsByYear W31216897872021 @default.
• W3121689787 countsByYear W31216897872022 @default.
• W3121689787 countsByYear W31216897872023 @default.
• W3121689787 crossrefType "journal-article" @default.
• W3121689787 hasAuthorship W3121689787A5009039725 @default.
• W3121689787 hasAuthorship W3121689787A5052298479 @default.
• W3121689787 hasBestOaLocation W31216897872 @default.
• W3121689787 hasConcept C10138342 @default.
• W3121689787 hasConcept C106159729 @default.
• W3121689787 hasConcept C119857082 @default.
• W3121689787 hasConcept C120527767 @default.
• W3121689787 hasConcept C139719470 @default.
• W3121689787 hasConcept C153083717 @default.
• W3121689787 hasConcept C162324750 @default.
• W3121689787 hasConcept C175444787 @default.
• W3121689787 hasConcept C2778300220 @default.
• W3121689787 hasConcept C2780202544 @default.
• W3121689787 hasConcept C29122968 @default.
• W3121689787 hasConcept C41008148 @default.
• W3121689787 hasConcept C556758197 @default.
• W3121689787 hasConcept C65146658 @default.
• W3121689787 hasConcept C73283319 @default.
• W3121689787 hasConcept C91602232 @default.
• W3121689787 hasConceptScore W3121689787C10138342 @default.
• W3121689787 hasConceptScore W3121689787C106159729 @default.
• W3121689787 hasConceptScore W3121689787C119857082 @default.
• W3121689787 hasConceptScore W3121689787C120527767 @default.
• W3121689787 hasConceptScore W3121689787C139719470 @default.
• W3121689787 hasConceptScore W3121689787C153083717 @default.
• W3121689787 hasConceptScore W3121689787C162324750 @default.
• W3121689787 hasConceptScore W3121689787C175444787 @default.
• W3121689787 hasConceptScore W3121689787C2778300220 @default.
• W3121689787 hasConceptScore W3121689787C2780202544 @default.
• W3121689787 hasConceptScore W3121689787C29122968 @default.
• W3121689787 hasConceptScore W3121689787C41008148 @default.
• W3121689787 hasConceptScore W3121689787C556758197 @default.
• W3121689787 hasConceptScore W3121689787C65146658 @default.
• W3121689787 hasConceptScore W3121689787C73283319 @default.
• W3121689787 hasConceptScore W3121689787C91602232 @default.
• W3121689787 hasIssue "2" @default.
• W3121689787 hasLocation W31216897871 @default.
• W3121689787 hasLocation W31216897872 @default.
• W3121689787 hasOpenAccess W3121689787 @default.
• W3121689787 hasPrimaryLocation W31216897871 @default.
• W3121689787 hasRelatedWork W1488037096 @default.
• W3121689787 hasRelatedWork W1535423785 @default.
• W3121689787 hasRelatedWork W2109747684 @default.
• W3121689787 hasRelatedWork W3099150769 @default.
• W3121689787 hasRelatedWork W3116865260 @default.
• W3121689787 hasRelatedWork W3123234645 @default.
• W3121689787 hasRelatedWork W3123599701 @default.
• W3121689787 hasRelatedWork W3125062024 @default.
• W3121689787 hasRelatedWork W4293063092 @default.

• next