You have reached the website for this project at Loughborough University, for the research of Jukka Isohätälä, Alistair Milne and co-authors.
Balance sheet constraints and firesale externalities
Isohätälä, Jukka and Milne, Alistair. Work in progress.
The net worth trap: Investment and output dynamics in the presence of financing constraints
Isohätälä, Jukka and Milne, Alistair and Robertson, Donald, (November 6, 2014). Bank of Finland Research Discussion Paper No. 26/2014. Available at SSRN http://ssrn.com/abstract=2526726; DOI:10.2139/ssrn.2526726.
Leverage constraints and real interest rates
Isohätälä, Jukka and Kusmartsev, Feo V. and Milne, Alistair and Robertson, Donald. The Manchester School 83, 83-109 (2015); DOI:10.1111/manc.12111
Also Bank of Finland Research Discussion Paper No. 27/2014, preprint available at SSRN http://ssrn.com/abstract=2526790; DOI:10.2139/ssrn.2526790.
Post-crisis macrofinancial modelling: continuous time approaches
Book chapter in The Handbook of Post Crisis Financial Modelling, Isohätälä, Jukka and Klimenko, Nataliya and Milne, Alistair. Palgrave MacMillan Handbook Series, Eds. Haven, E. and Molyneux, Ph. and Wilson, J. and Fedotov, S. and Duygun, M. DOI: 10.1007/978-1-137-49449-8
Link to publisher's site here.
Mathematica source code for the example model numerical solver can be found from this link.
Authors
- Prof. Alistair Milne, Loughborough University
- Dr. Jukka Isohätälä, National University of Singapore; formerly University of Oulu and Loughborough University
- Dr. Donald Robertson, University of Cambridge
- Prof. Feo Kusmartsev, Loughborough University
