Cyril Monnet
Biographic Data
| ID | 5867472 |
|---|---|
| NAME | Cyril Monnet |
| GIVEN NAMES | Cyril |
| FAMILY NAME | Monnet |
| SIGNATURE | MONNET C |
| AFFILIATIONS | University of Bern |
| ORCID | 0000-0001-6376-4129 |
| VERIFIED | Yes |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2013 |
| H-INDEX | 1 |
Endogenous Credit Cycles
We study models of credit with limited commitment, which implies endogenous borrowing constraints. We show that there are multiple stationary equilibria, as well as nonstationary equilibria, including some that display deterministic cyclic and chaotic dynamics. There are also stochastic (sunspot) equilibria, in which credit conditions change randomly over time, even though fundamentals are deterministic and stationary. We show this can occur when…
Endogenous Credit Cycles
We study models of credit with limited commitment, which implies endogenous borrowing constraints. We show that there are multiple stationary equilibria, as well as nonstationary equilibria, including some that display deterministic cyclic and chaotic dynamics. There are also stochastic (sunspot) equilibria, in which credit conditions change randomly over time, even though fundamentals are deterministic and stationary. We show this can occur when…
Endogenous Credit Cycles
We study models of credit with limited commitment, which implies endogenous borrowing constraints. We show that there are multiple stationary equilibria, as well as nonstationary equilibria, including some that display deterministic cyclic and chaotic dynamics. There are also stochastic (sunspot) equilibria, in which credit conditions change randomly over time, even though fundamentals are deterministic and stationary. We show this can occur when…
Banking stability, regulation, efficiency (1 works) · Chaotic (1 works) · Debt (1 works) · Econometrics (1 works) · Economic theories and models (1 works) · Economic Theory and Policy (1 works) · Economics (1 works) · Invariant (physics (1 works) · Macroeconomics (1 works) · Mathematical economics (1 works)