東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Essays on Information and Debt.

Hebert, Benjamin Michael.

Linked to FindBook

Google Book

Amazon

博客來

Essays on Information and Debt.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on Information and Debt./
Author:	Hebert, Benjamin Michael.
Description:	247 p.
Notes:	Source: Dissertation Abstracts International, Volume: 77-04(E), Section: A.
Contained By:	Dissertation Abstracts International77-04A(E).
Subject:	Finance. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3738803
ISBN:	9781339293028

Essays on Information and Debt.
Hebert, Benjamin Michael.

Essays on Information and Debt. - 247 p.

Source: Dissertation Abstracts International, Volume: 77-04(E), Section: A.

Thesis (Ph.D.)--Harvard University, 2015.

These essays attempt to explain why debt contracts are so common, and to explore the consequences resulting from the use of debt contracts. In the first essay, "Moral Hazard and the Optimality of Debt," I use tools from information theory to study a novel form of moral hazard, and show that debt contracts are the optimal security design in this setting. In the second essay, "Generalized Rational Inattention," written with Michael Woodford, we develop a generalized version of rational inattention, based on an axiomatic characterization, using the same theorems employed in the first essay. In the third essay, "The Costs of Sovereign Default: Evidence from Argentina," written with Jesse Schreger, we estimate the costs that Argentina's 2014 sovereign default imposed on Argentine firms.

ISBN: 9781339293028Subjects--Topical Terms:

542899
Finance.

Essays on Information and Debt.
LDR:01630nmm a2200277 4500 001 2067964
005 20160418082959.5
008 170521s2015 ||||||||||||||||| ||eng d
020 $a 9781339293028
035 $a (MiAaPQ)AAI3738803
035 $a AAI3738803
040 $a MiAaPQ $c MiAaPQ
100 1 $a Hebert, Benjamin Michael. $3 3182836
245 1 0 $a Essays on Information and Debt.
300 $a 247 p.
500 $a Source: Dissertation Abstracts International, Volume: 77-04(E), Section: A.
500 $a Advisers: Emmanuel Farhi; David Laibson.
502 $a Thesis (Ph.D.)--Harvard University, 2015.
520 $a These essays attempt to explain why debt contracts are so common, and to explore the consequences resulting from the use of debt contracts. In the first essay, "Moral Hazard and the Optimality of Debt," I use tools from information theory to study a novel form of moral hazard, and show that debt contracts are the optimal security design in this setting. In the second essay, "Generalized Rational Inattention," written with Michael Woodford, we develop a generalized version of rational inattention, based on an axiomatic characterization, using the same theorems employed in the first essay. In the third essay, "The Costs of Sovereign Default: Evidence from Argentina," written with Jesse Schreger, we estimate the costs that Argentina's 2014 sovereign default imposed on Argentine firms.
590 $a School code: 0084.
650 4 $a Finance. $3 542899
650 4 $a Economic theory. $3 1556984
690 $a 0508
690 $a 0511
710 2 $a Harvard University. $b Business Economics. $3 2093772
773 0 $t Dissertation Abstracts International $g 77-04A(E).
790 $a 0084
791 $a Ph.D.
792 $a 2015
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3738803