Auflistung LIF-SAFE Working Papers nach JEL-Klassifizierung "H63"

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    • Austerity 

      Dellas, Harris; Niepelt, Dirk (2014-11-19)
      We shed light on the function, properties and optimal size of austerity using the standard sovereign model augmented to include incomplete information about credit risk. Austerity is defined as the shortfall of consumption ...

    • The Missing Piece of the Puzzle: Liquidity Premiums in Inflation-Indexed Markets 

      Driessen, Joost; Nijman, Theo E.; Simon, Zorka (2017-09-01)
      Fleckenstein et al. (2014) document that nominal Treasuries trade at higher prices than inflation-swapped indexed bonds, which exactly replicate the nominal cash flows. We study whether this mispricing arises from liquidity ...