Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment
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DOI: 10.1016/j.jet.2011.10.007
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- Grochulskiy, Borys & Zhang, Yuzhe, 2011. "Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment," MPRA Paper 36539, University Library of Munich, Germany.
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- Dirk Krueger & Fulin Li & Harald Uhlig, 2024. "Neoclassical Growth Transition Dynamics with One-Sided Commitment," NBER Working Papers 32880, National Bureau of Economic Research, Inc.
- Patrick Bolton & Neng Wang & Jinqiang Yang, 2019.
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- Patrick Bolton & Neng Wang & Jinqiang Yang, 2015. "Optimal Contracting, Corporate Finance, and Valuation with Inalienable Human Capital," NBER Working Papers 20979, National Bureau of Economic Research, Inc.
- Miao, Jianjun & Zhang, Yuzhe, 2015.
"A duality approach to continuous-time contracting problems with limited commitment,"
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- Jianjun Miao & Yuzhe Zhang, 2013. "A Duality Approach to Continuous- Time Contracting Problems with Limited Commitment," Boston University - Department of Economics - Working Papers Series 2013-008, Boston University - Department of Economics.
- Yuzhe Zhang & Jianjun Miao, 2014. "A Duality Approach to Continuous-Time Contracting Problems with Limited Commitment," 2014 Meeting Papers 650, Society for Economic Dynamics.
- Yaping Shan, 2017.
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- Th'eo Durandard, 2023. "Dynamic delegation in promotion contests," Papers 2308.05668, arXiv.org.
- Krueger, Dirk & Uhlig, Harald, 2022.
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- Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 22-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Dirk Krueger & Harald Uhlig, 2024. "Neoclassical Growth with Limited Commitment," PIER Working Paper Archive 24-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Borys Grochulski & Yuzhe Zhang, 2017.
"Market‐Based Incentives,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(2), pages 331-382, May.
- Yuzhe Zhang & Borys Grochulski, 2013. "Market-based incentives," 2013 Meeting Papers 1180, Society for Economic Dynamics.
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- Jeon, Junkee & Koo, Hyeng Keun & Shin, Yong Hyun, 2018. "Portfolio selection with consumption ratcheting," Journal of Economic Dynamics and Control, Elsevier, vol. 92(C), pages 153-182.
- Shan, Yaping, 2019.
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Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 44-69.
- Yaping Shan, 2017. "Incentives for Research Agents and Performance-vested Equity-based Compensation," School of Economics and Public Policy Working Papers 2017-15, University of Adelaide, School of Economics and Public Policy.
- Junkee Jeon & Hyeng Keun Koo & Kyunghyun Park, 2018. "Optimal Insurance with Limited Commitment in a Finite Horizon," Papers 1812.11669, arXiv.org, revised Jan 2019.
- Daniel Bird & Alexander Frug, 2019.
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- Rui Li & Dana Kiku & Hengjie Ai, 2014. "A Mechanism Design Model of Firm Dynamics: The Case of Limited Commitment," 2014 Meeting Papers 855, Society for Economic Dynamics.
- Zhang, Yuzhe, 2013.
"Characterization of a risk sharing contract with one-sided commitment,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(4), pages 794-809.
- Zhang, Yuzhe, 2012. "Characterization of a Risk Sharing Contract with One-Sided Commitment," MPRA Paper 42820, University Library of Munich, Germany, revised Aug 2012.
- Hengjie Ai & Dana Kiku & Rui Li & Jincheng Tong, 2021. "A Unified Model of Firm Dynamics with Limited Commitment and Assortative Matching," Journal of Finance, American Finance Association, vol. 76(1), pages 317-356, February.
- Yaping Shan, 2013. "Incentives for Research Agents: Optimal Contracts and Implementation," School of Economics and Public Policy Working Papers 2013-20, University of Adelaide, School of Economics and Public Policy.
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- Felix Feng, 2018. "Dynamic Compensation under Uncertainty Shocks and Limited Commitment," 2018 Meeting Papers 159, Society for Economic Dynamics.
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- Ma, Jinrun & Wu, Yaoyao & Liang, Yongtang, 2023. "Robust investment and hedging policy with limited commitment," Economic Modelling, Elsevier, vol. 125(C).
- Wu, Wei & Niu, Yingjie & Wu, Yaoyao & Xu, Hongru, 2022. "Ambiguity, limited commitment, and the q theory of investment," The North American Journal of Economics and Finance, Elsevier, vol. 60(C).
- Ai, Hengjie & Li, Rui, 2015. "Investment and CEO compensation under limited commitment," Journal of Financial Economics, Elsevier, vol. 116(3), pages 452-472.
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More about this item
Keywords
Risk sharing; Limited commitment; Borrowing constraints;All these keywords.
JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
Statistics
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