Browsing Documentos Indexados pela Web of Science by Author "Schommer, Susan"

Now showing items 1-2 of 2

    • Conventional and unconventional monetary policy with endogenous collateral constraints 

      Araújo, Aloísio Pessoa de; Schommer, Susan; Woodford, Michael
      2015-01
      We consider the effects of central bank purchases of a risky asset as an additional dimension of policy alongside 'conventional' interest rate policy in a general-equilibrium model of asset pricing with endogenous collateral ...

    • Regulating collateral-requirements when markets are incomplete 

      Araújo, Aloísio Pessoa de; Kubler, Felix; Schommer, Susan
      2012-03
      In this paper we examine the effects of default and collateral on risk sharing. We assume that there is a large set of assets which all promise a risk less payoff but which distinguish themselves by their collateral ...