Optimal Deterministic Debt Contracts
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Helmut Bester & Roland Strausz, "undated". "Imperfect Commitment and the Revelation Principle," Papers 004, Departmental Working Papers.
- Jeremy Berkowitz & Michelle J. White, 2004. "Bankruptcy and Small Firms' Access to Credit," RAND Journal of Economics, The RAND Corporation, vol. 35(1), pages 69-84, Spring.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Karel Janda, 2006. "Agency Theory Approach to the Contracting between Lender and Borrower [Smluvní vztah mezi věřitelem a dlužníkem z hlediska přístupu teorie zastoupení]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2006(3), pages 34-47.
- Karel Janda, 2006. "Lender and Borrower as Principal and Agent," Working Papers IES 2006/24, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jul 2006.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Miguel García-Posada & Juan Mora-Sanguinetti, 2015.
"Entrepreneurship and enforcement institutions: disaggregated evidence for Spain,"
European Journal of Law and Economics, Springer, vol. 40(1), pages 49-74, August.
- Miguel García-Posada & Juan S. Mora-Sanguinetti, 2014. "Entrepreneurship and enforcement institutions: Disaggregated evidence for Spain," Working Papers 1405, Banco de España.
- Betz, Frank & Ravasan, Farshad R., 2016. "Collateral regimes and missing job creation in the MENA region," EIB Working Papers 2016/03, European Investment Bank (EIB).
- Sadeghi, Ali & Kibler, Ewald, 2022. "Do bankruptcy laws matter for entrepreneurship? A Synthetic Control Method analysis of a bankruptcy reform in Finland," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
- Carlino, Gerald & Kerr, William R., 2015.
"Agglomeration and Innovation,"
Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 349-404,
Elsevier.
- Gerald A. Carlino & William R. Kerr, 2014. "Agglomeration and innovation," Working Papers 14-26, Federal Reserve Bank of Philadelphia.
- Gerald Carlino & William R. Kerr, 2014. "Agglomeration and Innovation," Harvard Business School Working Papers 15-007, Harvard Business School.
- Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and innovation," Bank of Finland Research Discussion Papers 27/2015, Bank of Finland.
- Gerald Carlino & William R. Kerr, 2014. "Agglomeration and Innovation," NBER Working Papers 20367, National Bureau of Economic Research, Inc.
- Lisa L. Posey & Vickie Bajtelsmit, 2017. "Insurance and Endogenous Bankruptcy Risk: When is it Rational to Choose Gambling, Insurance, and Potential Bankruptcy?," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 42(1), pages 15-40, March.
- repec:ces:ifodic:v:13:y:2016:i:4:p:19191579 is not listed on IDEAS
- Mankart, Jochen & Rodano, Giacomo, 2015.
"Personal bankruptcy law, debt portfolios, and entrepreneurship,"
Journal of Monetary Economics, Elsevier, vol. 76(C), pages 157-172.
- Mankart, Jochen & Rodano, Giacomo, 2015. "Personal bankruptcy law, debt portfolios, and entrepreneurship," Discussion Papers 28/2015, Deutsche Bundesbank.
- Dongsoo Shin & Roland Strausz, 2014.
"Delegation and dynamic incentives,"
RAND Journal of Economics, RAND Corporation, vol. 45(3), pages 495-520, September.
- Strausz, Roland & Shin, Dongsoo, 2014. "Delegation and Dynamic Incentives," CEPR Discussion Papers 9929, C.E.P.R. Discussion Papers.
- Dongsoo Shin & Roland Strausz, 2014. "Delegation and Dynamic Incentives," CESifo Working Paper Series 4774, CESifo.
- Muravyev, Alexander & Talavera, Oleksandr & Schäfer, Dorothea, 2009.
"Entrepreneurs' gender and financial constraints: Evidence from international data,"
Journal of Comparative Economics, Elsevier, vol. 37(2), pages 270-286, June.
- Alexander Muravyev & Dorothea Schäfer & Oleksandr Talavera, 2007. "Entrepreneurs' Gender and Financial Constraints: Evidence from International Data," Discussion Papers of DIW Berlin 706, DIW Berlin, German Institute for Economic Research.
- Alexander Muravyev & Dorothea Schaefer & Oleksandr Talavera, 2008. "Entrepreneurs' gender and financial constraints: evidence from international data," Discussion Papers 11, Kyiv School of Economics.
- Bester, Helmut & Krähmer, Daniel, 2012.
"Exit options in incomplete contracts with asymmetric information,"
Journal of Economic Theory, Elsevier, vol. 147(5), pages 1947-1968.
- Bester, Helmut & Krähmer, Daniel, 2008. "Exit options in incomplete contracts with asymmetric information," Discussion Papers 2008/23, Free University Berlin, School of Business & Economics.
- Bester, Helmut & Krähmer, Daniel, 2008. "Exit Options in Incomplete Contracts with Asymmetric Information," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 251, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Francesco Bripi, 2016.
"The Role of Regulation on Entry: Evidence from the Italian Provinces,"
The World Bank Economic Review, World Bank, vol. 30(2), pages 383-411.
- Francesco Bripi, 2013. "The role of regulation on entry: evidence from the Italian provinces," Temi di discussione (Economic working papers) 932, Bank of Italy, Economic Research and International Relations Area.
- Bripi,Francesco, 2016. "The role of regulation on entry : evidence from the Italian provinces," Policy Research Working Paper Series 7650, The World Bank.
- Corradin, S. & Gropp, R. & Huizinga, H.P. & Laeven, L., 2010.
"Who Invests in Home Equity to Exempt Wealth from Bankruptcy?,"
Discussion Paper
2010-118, Tilburg University, Center for Economic Research.
- Corradin, Stefano & Gropp, Reint E. & Huizinga, Harry & Laeven, Luc, 2013. "Who invests in home equity to exempt wealth from bankruptcy?," SAFE Working Paper Series 21, Leibniz Institute for Financial Research SAFE.
- Gropp, Reint & Corradin, Stefano & Huizinga, Harry & Laeven, Luc, 2011. "Who invests in home equity to exempt wealth from bankruptcy?," Working Paper Series 1337, European Central Bank.
- Corradin, S. & Gropp, R. & Huizinga, H.P. & Laeven, L., 2010. "Who Invests in Home Equity to Exempt Wealth from Bankruptcy?," Other publications TiSEM 876e53a4-bd96-4516-8f9f-1, Tilburg University, School of Economics and Management.
- Corradin, S. & Gropp, R. & Huizinga, H.P. & Laeven, L., 2010. "Who Invests in Home Equity to Exempt Wealth from Bankruptcy?," Other publications TiSEM 1af9bcc0-1fae-4575-8bad-8, Tilburg University, School of Economics and Management.
- Huizinga, Harry & Gropp, Reint & Laeven, Luc & Corradin, Stefano, 2010. "Who Invests in Home Equity to Exempt Wealth from Bankruptcy?," CEPR Discussion Papers 8097, C.E.P.R. Discussion Papers.
- Fossen, Frank M., 2011.
"Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start","
IZA Discussion Papers
5459, Institute of Labor Economics (IZA).
- Frank M. Fossen, 2011. "Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"," SOEPpapers on Multidisciplinary Panel Data Research 358, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Frank M. Fossen, 2011. "Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"," Discussion Papers of DIW Berlin 1100, DIW Berlin, German Institute for Economic Research.
- Fossen, Frank M., 2011. "Personal bankcuptcy law, wealth and entrepreneurship - Theory and evidence from the introduction of a 'fresh start'," Discussion Papers 2011/8, Free University Berlin, School of Business & Economics.
- Mueller, Elisabeth, 2008.
"How does owners' exposure to idiosyncratic risk influence the capital structure of private companies?,"
Journal of Empirical Finance, Elsevier, vol. 15(2), pages 185-198, March.
- Müller, Elisabeth, 2005. "How Does Owners' Exposure to Idiosyncratic Risk Influence the Capital Structure of Private Companies?," ZEW Discussion Papers 05-14, ZEW - Leibniz Centre for European Economic Research.
- Müller, Elisabeth, 2007. "How does owners' exposure to idiosyncratic risk influence the capital structure of private companies?," ZEW Discussion Papers 05-14 [rev.2], ZEW - Leibniz Centre for European Economic Research.
- Müller, Elisabeth, 2006. "How Does Owners' Exposure to Idiosyncratic Risk Influence the Capital Structure of Private Companies?," ZEW Discussion Papers 05-14 [rev.], ZEW - Leibniz Centre for European Economic Research.
- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2013.
"The Cost of Contract Renegotiation: Evidence from the Local Public Sector,"
American Economic Review, American Economic Association, vol. 103(6), pages 2352-2383, October.
- Ivaldi, Marc & Martimort, David, 2009. "The Cost of contract renegotiation: evidence from the local public sector," UC3M Working papers. Economics we096742, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2013. "The cost of contract renegotiation: Evidence from the local public sector," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00710639, HAL.
- Gagnepain, Philippe & Ivaldi, Marc & Martimort, David, 2010. "The Cost of Contract Renegotiation: Evidence from the Local Public Sector," IDEI Working Papers 637, Institut d'Économie Industrielle (IDEI), Toulouse.
- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2013. "The cost of contract renegotiation: Evidence from the local public sector," Post-Print hal-00710639, HAL.
- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2013. "The cost of contract renegotiation: Evidence from the local public sector," PSE-Ecole d'économie de Paris (Postprint) hal-00710639, HAL.
- Gagnepain, Philippe & Ivaldi, Marc & Martimort, David, 2010. "The Cost of Contract Renegotiation: Evidence from the Local Public Sector," TSE Working Papers 10-190, Toulouse School of Economics (TSE).
- Martimort, David & Ivaldi, Marc & Gagnepain, Philippe, 2010. "The cost of contract renegotiation: Evidence from the local public sector," CEPR Discussion Papers 8042, C.E.P.R. Discussion Papers.
- Jean-Jacques Laffont, 2003.
"Enforcement, Regulation and Development,"
Journal of African Economies, Centre for the Study of African Economies, vol. 12(Supplemen), pages 193-211, September.
- Laffont, Jean-Jacques, 2001. "Enforcement, Regulation and Development," IDEI Working Papers 129, Institut d'Économie Industrielle (IDEI), Toulouse.
- Wenli Li & Ishani Tewari & Michelle J. White, 2014.
"Using bankruptcy to reduce foreclosures: does strip-down of mortgages affect the supply of mortgage credit?,"
Working Papers
14-35, Federal Reserve Bank of Philadelphia.
- Wenli Li & Ishani Tewari & Michelle J. White, 2014. "Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?," NBER Working Papers 19952, National Bureau of Economic Research, Inc.
- Wenli Li & Ishani Tewari & Michelle White, 2014. "Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?," CESifo Working Paper Series 4722, CESifo.
- Martin Pollrich, 2017.
"Mediated audits,"
RAND Journal of Economics, RAND Corporation, vol. 48(1), pages 44-68, March.
- Martin Pollrich, "undated". "Mediated Audits," BDPEMS Working Papers 2015003, Berlin School of Economics.
- Pollrich, Martin, 2015. "Mediated Audits," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 809, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Saul Estrin & Tomasz Mickiewicz & Anna Rebmann, 2017.
"Prospect theory and the effects of bankruptcy laws on entrepreneurial aspirations,"
Small Business Economics, Springer, vol. 48(4), pages 977-997, April.
- Estrin, Saul & Mickiewicz, Tomasz & Rebmann, Anna, 2017. "Prospect theory and the effects of bankruptcy laws on entrepreneurial aspirations," LSE Research Online Documents on Economics 68997, London School of Economics and Political Science, LSE Library.
- Miguel García-Posada & Juan Mora-Sanguinetti, 2014.
"Are there alternatives to bankruptcy? A study of small business distress in Spain,"
SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 5(2), pages 287-332, August.
- Miguel García-Posada & Juan S. Mora-Sanguinetti, 2013. "Are there alternatives to bankruptcy? a study of small business distress in Spain," Working Papers 1315, Banco de España.
- Fahad Khalil & Jacques Lawarrée, 2006.
"Incentives For Corruptible Auditors In The Absence Of Commitment,"
Journal of Industrial Economics, Wiley Blackwell, vol. 54(2), pages 269-291, June.
- Fahad Khalil & Jacques Lawarree, 2004. "Incentives for Corruptible Auditors in the Absence of Commitment," Working Papers UWEC-2003-02-FC, University of Washington, Department of Economics.
- Fahad Khalil & Jacques Lawarree, 2006. "Incentives for corruptible auditors in the absence of commitment," Working Papers UWEC-2005-09-P, University of Washington, Department of Economics.
- Fahad Khalil & Jacques Lawarree, 2006. "Incentives for corruptible auditors in the absence of commitment," ULB Institutional Repository 2013/245733, ULB -- Universite Libre de Bruxelles.
More about this item
Keywords
Costly State Verification; Multiple Lenders; Debt;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fau:wpaper:wp2006_25. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalie Svarcova (email available below). General contact details of provider: https://edirc.repec.org/data/icunicz.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.