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On the Optimality of Financial Repression
16 references·13 citing·36 second hop
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References

  • 1997Credit Cycles5,254 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1979On the Determination of the Public Debt3,308 cited
  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 1933The Debt-Deflation Theory of Great Depressions2,516 cited
  • 2010A model of unconventional monetary policy2,439 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited
  • 1985Redistributive taxation in a simple perfect foresight model1,346 cited
  • 2007Default Risk and Income Fluctuations in Emerging Economies1,288 cited
  • 1999Handbook of macroeconomics1,276 cited
  • 1990Toward a Theory of Discounted Repeated Games with Imperfect Monitoring1,207 cited
  • 1990Handbook of monetary economics961 cited
  • 2005Defaultable debt, interest rates and the current account

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800 cited

Cited by

  • 2022Who Holds Sovereign Debt and Why It Matters57 cited
  • 2017Sovereign Default Risk and Firm Heterogeneity54 cited
  • 2019Financial Repression is Knocking at the Door, Again52 cited
  • 2016Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops52 cited
  • 2018Sovereign Default, Domestic Banks and Exclusion from International Capital Markets44 cited
  • 2019Quantitative sovereign default models and the European debt crisis44 cited
  • 2023Sovereign Debt in the Twenty-first Century43 cited
  • 2020Sovereigns at risk: A dynamic model of sovereign debt and banking leverage34 cited
  • 2021Sovereign Debt in the 21st Century34 cited
  • 2021Beyond Home Bias: International Portfolio Holdings and Information Heterogeneity33 cited
  • 2019Debt and Entanglements Between the Wars30 cited
  • 2022The unintended consequence of local government debt: evidence from stock price crash risk25 cited
  • 2024New Structural Financial Economics16 cited