Browsing Handelshøyskolen BI by Author "Nenov, Plamen T."
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Endogenous Leverage and Advantageous Selection in Credit Markets
Nenov, Plamen T. (Journal article; Peer reviewed, 2017)I study asset price amplification in an asymmetric information model. Entrepreneurs issue debt to finance investments in a physical asset. They have private information about their success probabilities. For a given debt ... -
Information quality and crises in regime-change games
Iachan, Felipe S.; Nenov, Plamen T. (Journal article; Peer reviewed, 2015)When crises potentially originate from coordination failures, does a deterioration in the quality of the information available to market participants contribute towards instability? We address this question in a general ... -
Regional reallocation and housing markets in a model of frictional migration
Nenov, Plamen T. (Journal article; Peer reviewed, 2015)Migration frictions are important for understanding key features of gross migration and housing markets. This paper studies a multi-region equilibrium model with frictional migration. Idiosyncratic preference shocks, a ... -
Thick-market effects, housing heterogeneity, and the determinants of transaction seasonality
Nenov, Plamen T.; Røed Larsen, Erling; Sommervoll, Dag Einar (Journal article; Peer reviewed, 2016)This article uses cross-sectional variation in transaction seasonality and a search-theoretic framework to develop a test for thick-market effects from matching efficiency. The test relates the extent of transaction ...