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Introduction to financial frictions and debt constraints

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  • Boucekkine, Raouf
  • Nishimura, Kazuo
  • Venditti, Alain

Abstract

This is an introduction to the special section on financial frictions and debt constraints.

Suggested Citation

  • Boucekkine, Raouf & Nishimura, Kazuo & Venditti, Alain, 2015. "Introduction to financial frictions and debt constraints," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 271-275.
    • Handle: RePEc:eee:mateco:v:61:y:2015:i:c:p:271-275
    DOI: 10.1016/j.jmateco.2015.10.003
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    1. Robert Becker & Ram Dubey & Tapan Mitra, 2014. "On Ramsey equilibrium: capital ownership pattern and inefficiency," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(3), pages 565-600, April.
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    11. Raouf Boucekkine & Patrick Pintus, 2012. "History’s a curse: leapfrogging, growth breaks and growth reversals under international borrowing without commitment," Journal of Economic Growth, Springer, vol. 17(1), pages 27-47, March.
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    31. Nishimura, Kazuo & Seegmuller, Thomas & Venditti, Alain, 2015. "Fiscal policy, debt constraint and expectations-driven volatility," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 305-316.
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    36. Rose-Anne Dana & Cuong Le Van & Tapan Mitra & Kazuo Nishimura (ed.), 2006. "Handbook on Optimal Growth 1," Springer Books, Springer, number 978-3-540-32310-5, December.
    37. Futagami, Koichi & Iwaisako, Tatsuro & Ohdoi, Ryoji, 2008. "Debt Policy Rule, Productive Government Spending, And Multiple Growth Paths," Macroeconomic Dynamics, Cambridge University Press, vol. 12(4), pages 445-462, September.
    38. Becker, Robert A. & Borissov, Kirill & Dubey, Ram Sewak, 2015. "Ramsey equilibrium with liberal borrowing," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 296-304.
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    40. Robert A. Becker, 2006. "Equilibrium Dynamics with Many Agents," Springer Books, in: Rose-Anne Dana & Cuong Le Van & Tapan Mitra & Kazuo Nishimura (ed.), Handbook on Optimal Growth 1, chapter 13, pages 385-442, Springer.
    41. Mitra, Tapan & Sorger, Gerhard, 2013. "On Ramseyʼs conjecture," Journal of Economic Theory, Elsevier, vol. 148(5), pages 1953-1976.
    42. Tirole, Jean, 1985. "Asset Bubbles and Overlapping Generations," Econometrica, Econometric Society, vol. 53(6), pages 1499-1528, November.
    43. Bloise, Gaetano & Citanna, Alessandro, 2015. "Uniqueness of competitive equilibrium with solvency constraints under gross-substitution," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 287-295.
    44. Bidian, Florin, 2015. "Portfolio constraints, differences in beliefs and bubbles," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 317-326.
    45. Martins-da-Rocha, V. Filipe & Vailakis, Yiannis, 2015. "Constrained efficiency without commitment," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 276-286.
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    Cited by:

    1. Mohamed Boly & Jean-Louis Combes & Pascale Combes Motel & Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Public debt versus Environmental debt: What are the relevant Tradeoffs?," Post-Print hal-02315163, HAL.
    2. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Increasing Returns, Balanced-Budget Rules, and Aggregate Fluctuations," Post-Print hal-02315041, HAL.
    3. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Endogenous fluctuations and the balanced-budget rule: taxes versus spending-based adjustment," Post-Print halshs-02315727, HAL.
    4. Maxime Menuet, 2019. "Fiscal rule and shock amplification : A stochastic endogenous growth model," Working Papers hal-02153887, HAL.
    5. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "The Peril of Fiscal Rules," Post-Print hal-02314996, HAL.
    6. Maxime MENUET & Alexandru MINEA & Patrick VILLIEU, 2017. "Public Debt, Endogenous Growth Cycles and Indeterminacy," LEO Working Papers / DR LEO 2467, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    7. Boly, Mohamed & Combes, Jean-Louis & Menuet, Maxime & Minea, Alexandru & Motel, Pascale Combes & Villieu, Patrick, 2022. "Can public debt mitigate environmental debt? Theory and empirical evidence," Energy Economics, Elsevier, vol. 111(C).
    8. Maxime Menuet & Alexandru Minea & Patrick Villieu, 2019. "Budget Rules, Distortionnary Taxes, and Aggregate Instability: A reappraisal," Working Papers hal-02153856, HAL.

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