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Query: faculty: "FEB" and publication year: "2008"

Authors T. Assenza, M. Berardi Title Learning in a credit economy Publisher University of Manchester Place Manchester Year 2008 Pages 18 Title series Centre for Growth & Business Cycle Research discussion paper series Series number 100 Faculty Faculty of Economics and Business Institute/dept. FEB: Research Institute in Economics and Econometrics Amsterdam (RESAM) Abstract In this work we analyze a credit economy à la Kiyotaki and Moore (JPE, 1997) enriched with learning dynamics. Both borrowers and lenders need to make expectations about the future price of the collateral, and under heterogeneous learning this can have interesting con- sequences for the economy when the possibility of bankruptcy is taken into consideration. Document type Report Document finder Use this url to link to this page: http://dare.uva.nl/en/record/303531 Contact us about this recordNotify a colleague Add to bookbag

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