• 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 ...