Introduction to financial frictions and debt constraints

Raouf Boucekkine (1, 2) , Kazuo Nishimura (3, 4) , Alain Venditti (5, 2)

1 IUF - Institut Universitaire de France
2 GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille
3 KIER, Kyoto University
4 RIEB, Kobe University
5 Edhec Business School - Edhec

This is an introduction to the special section on financial frictions and debt constraints.

Keywords: Constrained efficie; Credit and borrowing constraints; (In)complete markets; Public debt constraints

Domains: Humanities and Social Sciences; Economics and Finance

Raouf Boucekkine, Kazuo Nishimura, Alain Venditti. Introduction to financial frictions and debt constraints. Journal of Mathematical Economics, 2015, 61 (C), pp.271-275. ⟨10.1016/j.jmateco.2015.10.003⟩. ⟨hal-01457335⟩