Re-use of collateral: Leverage, volatility, and welfare

Author:

Brumm Johannes,Grill Michael,Kubler Felix,Schmedders KarlORCID

Funder

European Research Council

ERC

Swiss Finance Institute

Publisher

Elsevier BV

Subject

Economics and Econometrics

Reference48 articles.

1. Overreaction of asset prices in general equilibrium;Aiyagari;Review of Economic Dynamics,1999

2. Rehypothecation and liquidity;Andolfatto;European Economic Review,2017

3. Consumption growth, the interest rate and aggregation;Attanasio;The Review of Economic Studies,1993

4. The use of collateral in bilateral repurchase and securities lending agreements;Baklanova;Review of Economic Dynamics,2019

5. Rare disasters, asset prices, and welfare costs;Barro;The American Economic Review,2009

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Collateral reuse as a direct funding mechanism in repo markets;Pacific-Basin Finance Journal;2024-09

2. Enhancing Repo Market Transparency: The EU Securities Financing Transactions Regulation;Journal of Financial Regulation;2024-08-14

3. Global DSGE models;Review of Economic Dynamics;2023-12

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