 | Discerning Good from Bad Credit Booms : The Role of Construction Author/Editor: Giovanni Dell'Ariccia, Ehsan Ebrahimy, Deniz O Igan, Damien Puy. Release Date:February, 2020 Credit booms are a focal point for policymakers and scholars of financial crises. Yet our understanding of how the real sector behaves during booms, and why some booms may go bad, is limited. Despite more...
| Price: $10.00
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 | Liquidity Choice and Misallocation of Credit Author/Editor: Ehsan Ebrahimy. Release Date:December, 2019 This paper studies a novel type of misallocation of credit between investments of varying liquidity. One type of investment is more liquid, i.e., its return is more pledgeable, and the other is more more...
| Price: $18.00
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| Fire Sales in Frozen Markets Author/Editor: Ehsan Ebrahimy. Release Date:May, 2019 It is challenging to explain the collapse in the price of subprime mortgage-backed securities (MBS) during the Financial Crisis of 2008, using the existing models of fire-sale. I present a model to more...
| Price: $18.00
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